Refine my results

Study of market model describing the contrary behaviors of informed and uninformed agents: Being minority and being majority

Zhang, Yu-Xia ; Liao, Hao ; Medo, Matúš ; Shang, Ming-Sheng ; Yeung, Chi Ho

In: Physica A: Statistical Mechanics and its Applications, 2016, vol. 450, p. 486–496

In this paper we analyze the contrary behaviors of the informed investors and uniformed investors, and then construct a competition model with two groups of agents, namely agents who intend to stay in minority and those who intend to stay in majority. We find two kinds of competitions, inter- and intra-groups. The model shows periodic fluctuation feature. The average distribution of...