Title of article :
Amplified imitation in percolation model of stock market
Author/Authors :
D. Makowiec، نويسنده , , P. Gnaci ski، نويسنده , , W. Miklaszewski، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2004
Abstract :
The herd behavior of the Cont–Bouchaud model is amplified by allowing clusters to copy decisions of some other cluster in the next time step. The results of the model are compared to data from the Warsaw Stock Exchange. It follows that the mechanism of the amplified imitation could be responsible for the sell decision on a poorly developed, emergent market.
Journal title :
Physica A Statistical Mechanics and its Applications
Journal title :
Physica A Statistical Mechanics and its Applications