Selecting Information in Financial Markets Herding and Opinion Swings in a Heterogeneous Mimetic Rational Agent-Based Model

2018 ◽  
pp. 120-128 ◽  
Author(s):  
Aymeric Vié
Keyword(s):  
Financial Markets ◽  
Rational Agent ◽  
Agent Based Model ◽  
Agent Based

Analyzing the Influences of Passive Investment Strategies on Financial Markets via Agent-Based Modeling

2008 ◽  
pp. 224-238 ◽  
Author(s):  
Hiroshi Takahashi ◽  
Satoru Takahashi ◽  
Takao Terano
Keyword(s):  
Asset Pricing ◽  
Financial Markets ◽  
Financial Market ◽  
Investment Strategy ◽  
Agent Based Modeling ◽  
Investment Strategies ◽  
Agent Based Model ◽  
Efficient Market ◽  
Agent Based ◽  
Price Fluctuations

This chapter develops an agent-based model to analyze microscopic and macroscopic links between investor behaviors and price fluctuations in a financial market. This analysis focuses on the effects of Passive Investment Strategy in a financial market. From the extensive analyses, we have found that (1) Passive Investment Strategy is valid in a realistic efficient market, however, it could have bad influences such as instability of market and inadequate asset pricing deviations, and (2) under certain assumptions, Passive Investment Strategy and Active Investment Strategy could coexist in a Financial Market.

scholarly journals Minimal agent based model for financial markets II

2009 ◽  
Vol 67 (3) ◽  
pp. 399-417 ◽  
Author(s):  
V. Alfi ◽  
M. Cristelli ◽  
L. Pietronero ◽  
A. Zaccaria
Keyword(s):  
Financial Markets ◽  
Agent Based Model ◽  
Agent Based
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