Bakker, L.; Hare, W.; Khosravi, H.; Ramadanovic, B. - In: Physica A: Statistical Mechanics and its Applications 389 (2010) 6, pp. 1223-1229
To consider the psychological factors that impact market valuation, a model is formulated for investment behaviour of traders whose decisions are influenced by their trusted peers’ behaviour. The model is implemented and several different “trust networks” are tested. Simulation results...