Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10008699700
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
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
Financial crises result from a catastrophic combination of actions. Vast stock market datasets offer us a window into some of the actions that have led to these crises. Here, we investigate whether data generated through Internet usage contain traces of attempts to gather information before...
Persistent link: https://www.econbiz.de/10013063944
Crises in financial markets affect humans worldwide. Detailed market data on trading decisions reflect some of the complex human behavior that has led to these crises. We suggest that massive new data sources resulting from human interaction with the Internet may offer a new perspective on the...
Persistent link: https://www.econbiz.de/10013064020
Understanding correlations in complex systems is crucial in the face of turbulence, such as the ongoing financial crisis. However, in complex systems, such as financial systems, correlations are not constant but instead vary in time. Here we address the question of quantifying state-dependent...
Persistent link: https://www.econbiz.de/10013098531
We introduce a future orientation index to quantify the degree to which Internet users worldwide seek more information about years in the future than years in the past. We analyse Google logs and find a striking correlation between the country's GDP and the predisposition of its inhabitants to...
Persistent link: https://www.econbiz.de/10013098792