Title of article
Tradersʹ strategy with price feedbacks in financial market
Author/Authors
Takayuki Mizuno، نويسنده , , Tohur Nakano، نويسنده , , Misako Takayasu، نويسنده , , Hideki Takayasu، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2004
Pages
5
From page
330
To page
334
Abstract
We introduce an autoregressive-type model of prices in the financial market taking into account the self-modulation effect. We find that traders are mainly using strategies with weighted feedbacks of past prices. These feedbacks are responsible for the slow diffusion in short times, apparent trends and power law distribution of price changes.
Journal title
Physica A Statistical Mechanics and its Applications
Serial Year
2004
Journal title
Physica A Statistical Mechanics and its Applications
Record number
869746
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