Importance of positive feedbacks and overconfidence in a self-fulfilling Ising model of financial markets

Physica A: Statistical Mechanics and its Applications

Volumn 370, Issue 2, 2006, Pages 704-726

  Sornette, Didier ^a,b   Zhou, Wei Xing ^c  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b UNIVERSITÉ CÔTE D'AZUR   (France)

^c EAST CHINA UNIVERSITY OF SCIENCE AND TECHNOLOGY   (China)

Author keywords

Econophysics; Imitation and herding; Ising model; Overconfidence

Indexed keywords

DECISION MAKING; ECONOMIC AND SOCIAL EFFECTS; FINANCE; FUNCTION EVALUATION; INFORMATION ANALYSIS; MATHEMATICAL MODELS; PREDICTIVE CONTROL SYSTEMS; REAL TIME SYSTEMS;

ECONOPHYSICS; IMITATION AND HERDING; ISING MODEL; OVERCONFIDENCE;

FEEDBACK;

EID: 33748205911     PISSN: 03784371     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.physa.2006.02.022     Document Type: Article

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