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Short and Long Term Investor Synchronization Caused by Decoupling
The dynamics of collective decision making is not yet well understood. Its practical relevance however can be of utmost importance, as experienced by people who lost their fortunes in turbulent moments of financial markets. In this paper we show how spontaneous collective “moods” or “biases” emerge...
Autores principales: | , , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2012
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3517516/ https://www.ncbi.nlm.nih.gov/pubmed/23236385 http://dx.doi.org/10.1371/journal.pone.0050700 |
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author | Roszczynska-Kurasinska, Magda Nowak, Andrzej Kamieniarz, Daniel Solomon, Sorin Andersen, Jørgen Vitting |
author_facet | Roszczynska-Kurasinska, Magda Nowak, Andrzej Kamieniarz, Daniel Solomon, Sorin Andersen, Jørgen Vitting |
author_sort | Roszczynska-Kurasinska, Magda |
collection | PubMed |
description | The dynamics of collective decision making is not yet well understood. Its practical relevance however can be of utmost importance, as experienced by people who lost their fortunes in turbulent moments of financial markets. In this paper we show how spontaneous collective “moods” or “biases” emerge dynamically among human participants playing a trading game in a simple model of the stock market. Applying theory and computer simulations to the experimental data generated by humans, we are able to predict the onset of such moments before they actually happen. |
format | Online Article Text |
id | pubmed-3517516 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2012 |
publisher | Public Library of Science |
record_format | MEDLINE/PubMed |
spelling | pubmed-35175162012-12-12 Short and Long Term Investor Synchronization Caused by Decoupling Roszczynska-Kurasinska, Magda Nowak, Andrzej Kamieniarz, Daniel Solomon, Sorin Andersen, Jørgen Vitting PLoS One Research Article The dynamics of collective decision making is not yet well understood. Its practical relevance however can be of utmost importance, as experienced by people who lost their fortunes in turbulent moments of financial markets. In this paper we show how spontaneous collective “moods” or “biases” emerge dynamically among human participants playing a trading game in a simple model of the stock market. Applying theory and computer simulations to the experimental data generated by humans, we are able to predict the onset of such moments before they actually happen. Public Library of Science 2012-12-07 /pmc/articles/PMC3517516/ /pubmed/23236385 http://dx.doi.org/10.1371/journal.pone.0050700 Text en © 2012 Roszczynska-Kurasinska et al http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are properly credited. |
spellingShingle | Research Article Roszczynska-Kurasinska, Magda Nowak, Andrzej Kamieniarz, Daniel Solomon, Sorin Andersen, Jørgen Vitting Short and Long Term Investor Synchronization Caused by Decoupling |
title | Short and Long Term Investor Synchronization Caused by Decoupling |
title_full | Short and Long Term Investor Synchronization Caused by Decoupling |
title_fullStr | Short and Long Term Investor Synchronization Caused by Decoupling |
title_full_unstemmed | Short and Long Term Investor Synchronization Caused by Decoupling |
title_short | Short and Long Term Investor Synchronization Caused by Decoupling |
title_sort | short and long term investor synchronization caused by decoupling |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3517516/ https://www.ncbi.nlm.nih.gov/pubmed/23236385 http://dx.doi.org/10.1371/journal.pone.0050700 |
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