Ontology highlight
ABSTRACT:
SUBMITTER: Carro A
PROVIDER: S-EPMC4512694 | biostudies-literature | 2015
REPOSITORIES: biostudies-literature
PloS one 20150723 7
We focus on the influence of external sources of information upon financial markets. In particular, we develop a stochastic agent-based market model characterized by a certain herding behavior as well as allowing traders to be influenced by an external dynamic signal of information. This signal can be interpreted as a time-varying advertising, public perception or rumor, in favor or against one of two possible trading behaviors, thus breaking the symmetry of the system and acting as a continuous ...[more]