Westphal, Rebecca; Sornette, Didier - 2020
Using an agent-based model (ABM) with fundamentalists and chartists, prone to develop bubbles and crashes, we … bubbles, the policy maker behaves similarly to the fundamentalists and his impact is negligible, following the principle of … traders, from 0.6 to 0.8 for fundamentalists as the market impact of the policy maker increases to the level of the …