Title of article
Robot traders can prevent extreme events in complex stock markets
Author/Authors
Nicolas Suhadolnik، نويسنده , , Jaqueson Galimberti، نويسنده , , Sergio Da Silva، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2010
Pages
11
From page
5182
To page
5192
Abstract
If stock markets are complex, monetary policy and even financial regulation may be useless to prevent bubbles and crashes. Here, we suggest the use of robot traders as an anti-bubble decoy. To make our case, we put forward a new stochastic cellular automata model that generates an emergent stock price dynamics as a result of the interaction between traders. After introducing socially integrated robot traders, the stock price dynamics can be controlled, so as to make the market more Gaussian.
Journal title
Physica A Statistical Mechanics and its Applications
Serial Year
2010
Journal title
Physica A Statistical Mechanics and its Applications
Record number
873957
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