Similar Search Results

The effects of a financial transaction tax in an artificial financial market

Fricke, Daniel; Lux, Thomas - In: Journal of economic interaction and coordination : JEIC 10 (2015) 1, pp. 119-150

Persistent link: https://www.econbiz.de/10011378750

Bubble formation and heterogeneity of traders : a multi-agent perspective

Chen, Shu-peng; He, Ling-yun - In: Computational economics 42 (2013) 3, pp. 267-289

Persistent link: https://www.econbiz.de/10010189034

The effects of a financial transaction tax in an artificial financial market

Fricke, Daniel; Lux, Thomas - 2013

We investigate the effects of a Financial Transaction Tax (FTT) in an order-driven artificial financial market. FTTs are meant to limit short-term speculative behavior by reducing the amount of excess liquidity in the system. To quantify these effects, adjustments in trading strategies and their...

Persistent link: https://www.econbiz.de/10009783698

One-dimensional discontinuous piecewise-linear maps and the dynamics of financial markets

Tramontana, Fabio; Westerhoff, Frank H. - In: Global analysis of dynamic models in economics and …, (pp. 205-227). 2013

Persistent link: https://www.econbiz.de/10009611573

Multi-asset financial bubbles in an agent-based model with noise traders' herding described by an n-vector Ising model

Cividino, Davide; Westphal, Rebecca; Sornette, Didier - 2021

is able to account for the development of endogenous bubbles and crashes. We distinguish three different regimes …’ opinions are idiosyncratic and no bubbles emerge. Around the critical value of the O(n) vector model, cross sectionally … asynchronous bubbles emerge. Above the critical value, small random price fluctuations may be amplified by noise traders herding …

Persistent link: https://www.econbiz.de/10012799633