Multiasset financial bubbles in an agent-based model with noise traders' herding described by an n-vector ising model
We present an agent-based model (ABM) of a financial market with n>1 risky assets, whose price dynamics result from the interaction between rational fundamentalists and trend-following imitative noise traders. The interactions and opinion formation of the noise traders are described by an extende...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
American Physical Society
2023-01-01
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Series: | Physical Review Research |
Online Access: | http://doi.org/10.1103/PhysRevResearch.5.013009 |