Ising-correlated clusters in the Cont-Bouchaud stock market model

Clusters of parallel spins in the square-lattice Ising model are defined as groups of traders acting together on the Cont-Bouchaud stock market model. As in the random percolation case, we see a crossover from a power-law behaviour to a more Gaussian distribution for the market fluctuations.

MoreLess

Year of publication:	2001
Authors:	da Silva, L.R ; Stauffer, D
Published in:	Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 294.2001, 1, p. 235-238
Publisher:	Elsevier
Subject:	Cont-Bouchaud stock market model \| Financial markets \| Market organization \| Percolation \| Random graphs

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010590049