Scale-Free Characteristics Analysis of Stock Investment Networks in China

Author

Zhou, Lei ; Hui, Hongqi

Author_Institution

Coll. of Econ. & Manage., Hebei Univ. of Sci. & Technol., Shijiazhuang, China

fYear

2009

fDate

21-23 Nov. 2009

Firstpage

101

Lastpage

103

Abstract

This paper investigates the scale-free characteristics of Chinese stock network which includes Shenzhen stock network and ShangHai stock network. We analyze characteristics of the growth and preferential attachment of stock networks. In particular, we study other three important properties of stock networks, such as the rapid communication, robustness and clustering. Through empirical theory and numerical study, we find that the two stock networks have not scale-free characteristics, which is different to many real complex networks.

Keywords

complex networks; investment; stock markets; China; Chinese stock network; ShangHai stock network; Shenzhen stock network; complex networks; scale-free characteristics analysis; stock investment networks; Complex networks; Conference management; Educational institutions; Information resources; Investments; Network topology; Paper technology; Resource management; Stock markets; Technology management; degree distribution; growth; preferential attachment; scale-fre; stock marke;

fLanguage

English

Publisher

ieee

Conference_Titel

Cooperation and Promotion of Information Resources in Science and Technology, 2009. COINFO '09. Fourth International Conference on

Conference_Location

Beijing

Print_ISBN

978-0-7695-3898-3

Type

conf

DOI

10.1109/COINFO.2009.51

Filename

5361795