Short and Long Term Investor Synchronization Caused by Decoupling

Magda Roszczynska-Kurasinska, Andrzej Nowak, Daniel Kamieniarz, Sorin Solomon and Jørgen Vitting Andersen ()
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Magda Roszczynska-Kurasinska: The Robert B. Zajonc Institute for Social Studies - UW - Uniwersytet Warszawski [Polska] = University of Warsaw [Poland] = Université de Varsovie [Pologne]
Andrzej Nowak: University of Social Science and Humanities - UW - Uniwersytet Warszawski [Polska] = University of Warsaw [Poland] = Université de Varsovie [Pologne], Department of Psychology - Florida Atlantic University [Boca Raton]
Daniel Kamieniarz: The Robert B. Zajonc Institute for Social Studies - UW - Uniwersytet Warszawski [Polska] = University of Warsaw [Poland] = Université de Varsovie [Pologne]
Jørgen Vitting Andersen: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: The dynamics of collective decision making is not yet well understood. Its practical relevance however can be of utmost importance, as experienced by people who lost their fortunes in turbulent moments of financial markets. In this paper we show how spontaneous collective "moods" or "biases" emerge dynamically among human participants playing a trading game in a simple model of the stock market. Applying theory and computer simulations to the experimental data generated by humans, we are able to predict the onset of such moments before they actually happen.

Keywords: synchronization; complex system; agent based modeling (search for similar items in EconPapers)
Date: 2012-12
Note: View the original document on HAL open archive server: https://hal.science/hal-00853991v1
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Citations: View citations in EconPapers (9)

Published in PLoS ONE, 2012, 7 (12), pp.Online (1-8). ⟨10.1371/journal.pone.0050700⟩

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Working Paper: Short and Long Term Investor Synchronization Caused by Decoupling (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00853991

DOI: 10.1371/journal.pone.0050700

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