I introduce a simple model for simulating portfolio selection, based on a social network, word-of-mouth communication and unsuspicious and suspicious agents. It has been demonstrated that risk and returns are two decisive determinants in portfolio selection, with risk being highly pronounced. It...

Portfolio selection in this paper is done in an agent-based setting with individuals communicating through the social network. We explained why different individuals possess different portfolios in time and why portfolios change with the change of the environment. The developments of the games...

We design, field and exploit survey data from a representative sample of the French population to examine whether informative social interactions enter households'stockholding decisions. Re- spondents report perceptions about their circle of peers with whom they interact about financial matters,...