Jiang, J.; Li, W.; Cai, X. - In: Physica A: Statistical Mechanics and its Applications 387 (2008) 2, pp. 528-536
We investigate the cluster behavior of financial markets within the framework of a model based on a scale-free network. In this model, a cluster is formed by connected agents that are in the same state. The cumulative distribution of clusters is found to be a power-law. We find that the...