Horváth, Denis; Kuscsik, Zoltán; Gmitra, Martin - In: Physica A: Statistical Mechanics and its Applications 369 (2006) 2, pp. 780-788
The spin market model [S. Bornholdt, Int. J. Mod. Phys. C 12 (2001) 667] is generalized by employing co-evolutionary principles, where strategies of the interacting and competitive traders are represented by local and global couplings between the nodes of dynamic directed stochastic network. The...