This paper applies a price-volume probability wave differential equation to examine an interacting traders’ preference hypothesis using tick-by-tick high frequency data in Chinese stock market, and provides a new behavioral interpretation on the market dynamic equilibrium. We select intraday...

This is the revised presentation slides for the paper entitled “what is the underlying coherent behavior in market dynamic equilibrium?” after we have got feedbacks from anonymous referees, discussants, session chairs, and participants at 2022 Economics of Financial Technology Conference...

The naming game model characterizes the main evolutionary features of languages or more generally of communication systems. Very recently, the combination of complex networks and the naming game has received much attention and the influences of various topological properties on the corresponding...

In this paper, the delay probability of the original Nagel and Schreckenberg model is modified to simulate one-lane traffic flow. The delay probability of a vehicle depends on its corresponding gap. According to simulation results, it has been found that the structure of the fundamental diagram...

In this paper, firstly, we propose a complex dynamical network model, which is always uniformly asymptotically stable about its equilibrium. Then, we give theoretical analysis of its uniform asymptotical stability by using Lyapunov stability theory. Finally, we show a numerical example to verify...

We present a model of complex network generated from Hang Seng index (HSI) of Hong Kong stock market, which encodes stock market relevant both interconnections and interactions between fluctuation patterns of HSI in the network topologies. In the network, the nodes (edges) represent all kinds of...

We propose and study a new adaptation minority game for understanding the complex dynamical behavior characterized by agent interactions competing limited resource in many natural and social systems. We compare the strategy of agents in the model to chromosome in biology. In our model, the...

Within most real biological or social systems, age plays an important role in the vitality of individuals. For instance, individuals become more and more weak with age, while young individuals may prosper even under poor living conditions. In this paper, we find that aging as a coevolutionary...

This paper presents a car-following model that considers the asymmetric characteristic of the velocity differences of the vehicles in a traffic stream. The problems of the prevalent general force (GF) model and the full velocity difference (FVD) model were solved. Furthermore, the optimal...