Publication Type:

Publication Year:

Publication Bibliography:

Introducing Social Investors into Multi-Agent Models of Financial Markets
(with S. Chen and B. Spotton-Visano)
Advances in Applied Artificial Intelligence: Lecture Notes in Computer Science , 4031, 2006, pp. 109-123
Abstract: Existing models of financial market prices typically assume that investors are informed with economic data and that wealth maximization motivates them. This paper considers the social dimensions of investing and the effect that this additional motivation has on the evolution of prices in a multi-agent model of an equity market. Agents in this model represent both economically informed investors and socially motivated investors who base their decision to invest solely on the popularity of the investment activity itself. The new model captures in a primitive but important way the notion of frenzy associated with speculative manias and panics, and it offers further insight into such anomalies as market bubbles and crashes.
[go to paper]

Publication Reference Link:

Break down of publication data into fields

Publication Title:

Author Name:

Co-Author Name(s):


Conference Title:

Report Title:

Title of Paper:

Chapter Title:

Title of Journal:

Title of Book:

Conference Name:

City and Province/State/Country:

Editor's Name (if different from Author's Name):

Volume and Issue:

ISBN/Catalogue No:



Page Number(s):

Publication Type:

Publication Category: