Transmission of Information and Herd Behavior: An Application to Financial Markets

Physical Review Letters

Volumn 85, Issue 26, 2000, Pages 5659-5662

  Eguíluz, Víctor M ^a,b   Zimmermann, Martín G ^a,c  

^a INSTITUTO MEDITERRÁNEO DE ESTUDIOS AVANZADOS   (Spain)

^b UNIVERSITY OF COPENHAGEN   (Denmark)

^c UNIVERSIDAD DE BUENOS AIRES   (Argentina)

Author keywords

[No Author keywords available]

Indexed keywords

ARTICLE;

COMMERCE; COMPUTER SIMULATION; FINANCE; INFORMATION ANALYSIS; MATHEMATICAL MODELS; PROBABILITY;

FINANCIAL MARKETS; HERD BEHAVIOR; INFORMATION BEHAVIOR; INFORMATION DISPERSION PER TRADE;

MARKETING;

EID: 0041906248     PISSN: 00319007     EISSN: 10797114     Source Type: Journal    
DOI: 10.1103/PhysRevLett.85.5659     Document Type: Article

References (17)

1. S. Moss de Oliveira, P. M. C. de Oliveira, and D. Stauffer, Evolution, Money, War and Computers (Teubner, Stuttgart-Leipzig,1999).
2. R. N. Mantegna and E. Stanley, An Introduction to Econophysics: Correlations and Complexity in Finance (Cambridge University Press, Cambridge, England,1999).
3. J. P. Bouchaud and M. Potters, Theory of Financial Risk (Cambridge University Press, Cambridge, England,2000).
4. T. Lux and M. Marchesi, Nature (London) 397, 498 (1999).
5. R. N. Mantegna and E. Stanley, Nature (London) 376, 46 (1995).
6. T. Lux, Appl. Financial Economics 6, 463 (1996).
7. P. Gopikrishnan, V. Plerou, L. A. Nunes Amaral, M. Meyer, and H. E. Stanley, Phys. Rev. E 60, 5305 (1999)
8. V. Plerou, P. Gopikrishnan, L. A. Nunes Amaral, M. Meyer, and H. E. Stanley, Phys. Rev. E 60, 6519 (1999), and references therein.
9. P. Bak, M. Paczuski, and M. Shubik, Physica (Amsterdam) 246A, 430 (1997).
10. R. Topol, Econ. J. 101, 768 (1991).
11. A. Bannerjee, Rev. Econ. Studies 60, 309 (1993).
12. R. Cont and J. P. Bouchaud, Macroeconomic Dyn. 4, 170 (2000).
13. J. D. Farmer, e-print adap-org/9812005.
14. Y.-C. Zhang, Physica (Amsterdam) 269A, 30 (1998).
15. A. Corral, C. J. Pérez, and A. Díaz-Guilera, Phys. Rev. Lett. 78, 1492 (1997).
16. R. D'Hulst and G. J. Rodgers, e-print cond-mat/9908481; e-print nlin.AO/0008008.
17. D. Stauffer and D. Sornette, Physica (Amsterdam) 271A, 496 (1999)