We first analyze the distribution of metropolitan (city) size, the distribution of metropolitan (city) GDP and the relation of both distributions. It is found that (1) the tails of distributions of size and GDP both obey Pareto Law with the Pareto exponent 1; (2) compared with Pareto exponent in...

In this paper, cointegration relationships among 26 global stock market indices over the periods of sub-prime and European debt crisis and their influence rank are investigated by constructing and analyzing directed and weighted cointegration networks. The obtained results are shown as follows:...

In this study, we choose the daily closing price of 268 constituent stocks of the S&P 500 index, 221 stocks of London Stock Exchange, 148 constituent stocks of the Shanghai Composite index and 152 constituent stocks of the Hang Seng index as the research objects and select the sample of all the...

In this paper, based on renewable energy resources and load data research, a techno-economic feasibility study of an autonomous hybrid wind/photovoltaics (PV)/battery power system for a household in Urumqi, China, has been form carried out using Hybrid Optimization Model for Electric Renewables...

The economy system is a complex system, and the complex network is a powerful tool to study its complexity. Here we calculate the economic distance matrices based on annual GDP of nine economic sectors from 1995–2010 in 31 Chinese provinces and autonomous regions,11In this paper, we just study...

The intricate interplay between the variation of the stock network structure and fluctuations of that stock market is increasingly becoming a hot topic. In this work, employing a moving window to scan through every stock price time series over a period from 2 January 2001 to 7 December 2010, we...

We investigate the process that different interactions between investors will prompt information to propagate along a differentiated path and construct a financial market model. As information spreads, increasingly investors are attracted to participate in trading, then the “herding effect”...

An artificial stock market is established based on multi-agent . Each agent has a limit memory of the history of stock price, and will choose an action according to his memory and trading strategy. The trading strategy of each agent evolves ceaselessly as a result of self-teaching mechanism....

In this article, we established a stock market model based on agents' investing mentality. The agents decide whether to purchase the shares at the probability, according to their anticipation of the market's behaviors. The expectation of the amount of shares they want to buy is directly...