Showing 1 - 10 of 16
When making a decision, humans consider two types of information: information they have acquired through their prior experience of the world, and further information they gather to support the decision in question. Here, we present evidence that data from search engines such as Google can help...
Persistent link: https://www.econbiz.de/10012890500
The dynamics of news are such that some days are dominated by a single story while others see news outlets reporting on a range of different events. While these large-scale features of news are familiar to many, they are often ignored in settings where they may be important in understanding...
Persistent link: https://www.econbiz.de/10012960411
Technology is becoming deeply interwoven into the fabric of society. The Internet has become a central source of information for many people when making day-to-day decisions. Here, we present a method to mine the vast data Internet users create when searching for information online, to identify...
Persistent link: https://www.econbiz.de/10013032925
Being able to infer the number of people in a specific area is of extreme importance for the avoidance of crowd disasters and to facilitate emergency evacuations. Here, using a football stadium and an airport as case studies, we present evidence of a strong relationship between the number of...
Persistent link: https://www.econbiz.de/10014035945
Seasonal influenza outbreaks and pandemics of new strains of the influenza virus affect humans around the globe. However, traditional systems for measuring the spread of flu infections deliver results with one or two weeks delay. Recent research suggests that data on queries made to the search...
Persistent link: https://www.econbiz.de/10014036757
Society’s increasing interactions with technology are creating extensive "digital traces" of our collective human behavior. These new data sources are fueling the rapid development of the new field of computational social science. To investigate user attention to the Hurricane Sandy disaster...
Persistent link: https://www.econbiz.de/10014150156
Search engine query data deliver insight into the behavior of individuals who are the smallest possible scale of our economic life. Individuals are submitting several hundred million search engine queries around the world each day. We study weekly search volume data for various search terms from...
Persistent link: https://www.econbiz.de/10013113171
It is well-known that financial asset returns exhibit fat-tailed distributions and long-term memory. These empirical features are the main objectives of modeling efforts using (i) stochastic processes to quantitatively reproduce these features and (ii) agent-based simulations to understand the...
Persistent link: https://www.econbiz.de/10013096384
For an intriguing variety of switching processes in nature, the underlying complex system abruptly changes from one state to another in a highly discontinuous fashion. Financial market fluctuations are characterized by many abrupt switchings creating upward trends and downward trends, on time...
Persistent link: https://www.econbiz.de/10013096388
The complex behavior of financial markets emerges from decisions made by many traders. Here, we exploit a large corpus of daily print issues of the Financial Times from 2nd January 2007 until 31st December 2012 to quantify the relationship between decisions taken in financial markets and...
Persistent link: https://www.econbiz.de/10013061319