Title of article :
Robot traders can prevent extreme events in complex stock markets
Author/Authors :
Nicolas Suhadolnik، نويسنده , , Jaqueson Galimberti، نويسنده , , Sergio Da Silva، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2010
Abstract :
If stock markets are complex, monetary policy and even financial regulation may be useless to prevent bubbles and crashes. Here, we suggest the use of robot traders as an anti-bubble decoy. To make our case, we put forward a new stochastic cellular automata model that generates an emergent stock price dynamics as a result of the interaction between traders. After introducing socially integrated robot traders, the stock price dynamics can be controlled, so as to make the market more Gaussian.
Journal title :
Physica A Statistical Mechanics and its Applications
Journal title :
Physica A Statistical Mechanics and its Applications