DocumentCode
456769
Title
Analysis on Appearance Reasons of the Positive Feedback Traders
Author
An, Shi ; Wang, Lei ; Huang, He
Author_Institution
Sch. of Manage., Harbin Inst. of Technol.
Volume
2
fYear
2006
fDate
Aug. 30 2006-Sept. 1 2006
Firstpage
478
Lastpage
482
Abstract
Positive feedback traders buy the asset when price is rising and sell it when price is falling. This type of speculation in short term causes the violent fluctuation for a given asset price, and make great influence to the stabilization of the financial market. The price reaction model under the influence of noise traders is established by considering the influence which the investment cost and information arrival rate make to the arbitrage and asset price. We analyze the reasons and conditions why positive feedback traders are born from quantitative analysis
Keywords
investment; pricing; stock markets; asset price; financial market stabilization; investment cost; positive feedback trader; price reaction model; Asset management; Costs; Economic forecasting; Feedback; Fluctuations; Helium; Investments; Stock markets; Technology management; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Innovative Computing, Information and Control, 2006. ICICIC '06. First International Conference on
Conference_Location
Beijing
Print_ISBN
0-7695-2616-0
Type
conf
DOI
10.1109/ICICIC.2006.236
Filename
1692029
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