Ontology highlight
ABSTRACT:
SUBMITTER: Spelta A
PROVIDER: S-EPMC7136275 | biostudies-literature | 2020 Apr
REPOSITORIES: biostudies-literature
Spelta Alessandro A Flori Andrea A Pecora Nicolò N Buldyrev Sergey S Pammolli Fabio F
Nature communications 20200406 1
We introduce an indicator that aims to detect the emergence of market instabilities by quantifying the intensity of self-organizing processes arising from stock returns' co-movements. In financial markets, phenomena like imitation, herding and positive feedbacks characterize the emergence of endogenous instabilities, which can modify the qualitative and quantitative behavior of the underlying system. The impossibility to formalize ex-ante the dynamic laws that rule the evolution of financial sys ...[more]