Add to ORKGWe derive microscopic foundations for a well-known probabilistic herding model in the agent-based finance literature. While the model is quite robust with respect to behavioral heterogeneity, the network structure describing the very feasibility of agent interaction turns out to have a crucial and non-trivial impact on the macroscopic properties of the model.CO2 D84 D85 G19 Herding Networks Mean-field approach N-dependence
Herd behavior in Economics can be fruitfully represented by a generalization of the well-known Ehren...
We propose a Markov jump process with the three-state herding interaction. We see our approach as an...
The spread of new beliefs, behaviors, conventions, norms, and technologies in social and economic ne...
Abstract. We derive microscopic foundations for a well-known probabilistic herding model in the agen...
We derive microscopic foundations for a well-known probabilistic herding model in the agent-based fi...
Herd Behaviour is often cited as one of the forces behind excess volatility of stock prices as well ...
Kirman’s “ant model ” has been used to characterize the expectation formation of financial investors...
Kirman’s “ant model ” has been used to characterize the expectation formation of financial investors...
We introduce and solve a model that mimics the herding effect in financial markets when groups of ag...
We present generalized dynamical models describing the sharing of information, and the corresponding...
The paper investigates herding in mutual funds through a complex networks approach. The detection of...
Herd behaviour in financial markets is a recurring phenomenon that exacerbates asset price volatilit...
The minority game (MG) is used as a source of information to design complex networks where the nodes...
Systems with long-range interactions often exhibit power-law distributions and can by described by t...
Herd behavior in Economics can be fruitfully represented by a generalization of the well-known Ehren...
Herd behavior in Economics can be fruitfully represented by a generalization of the well-known Ehren...
We propose a Markov jump process with the three-state herding interaction. We see our approach as an...
The spread of new beliefs, behaviors, conventions, norms, and technologies in social and economic ne...
Abstract. We derive microscopic foundations for a well-known probabilistic herding model in the agen...
We derive microscopic foundations for a well-known probabilistic herding model in the agent-based fi...
Herd Behaviour is often cited as one of the forces behind excess volatility of stock prices as well ...
Kirman’s “ant model ” has been used to characterize the expectation formation of financial investors...
Kirman’s “ant model ” has been used to characterize the expectation formation of financial investors...
We introduce and solve a model that mimics the herding effect in financial markets when groups of ag...
We present generalized dynamical models describing the sharing of information, and the corresponding...
The paper investigates herding in mutual funds through a complex networks approach. The detection of...
Herd behaviour in financial markets is a recurring phenomenon that exacerbates asset price volatilit...
The minority game (MG) is used as a source of information to design complex networks where the nodes...
Systems with long-range interactions often exhibit power-law distributions and can by described by t...
Herd behavior in Economics can be fruitfully represented by a generalization of the well-known Ehren...
Herd behavior in Economics can be fruitfully represented by a generalization of the well-known Ehren...
We propose a Markov jump process with the three-state herding interaction. We see our approach as an...
The spread of new beliefs, behaviors, conventions, norms, and technologies in social and economic ne...