Decoding Social Influence and the Wisdom of the Crowd in Financial Trading Network

In this paper, we study roles of social mechanisms in a financial system. Our data come from a novel on-line foreign exchange trading brokerage for individual investors, which also allows investors to form social network ties between each other and copy others' trades. From the dataset, we anal...

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Bibliographic Details
Main Authors: Pan, Wei, Altshuler, Yaniv, Pentland, Alex Paul
Other Authors: Massachusetts Institute of Technology. Media Laboratory
Format: Article
Language:en_US
Published: Institute of Electrical and Electronics Engineers (IEEE) 2013
Online Access:http://hdl.handle.net/1721.1/80764
https://orcid.org/0000-0002-8053-9983
https://orcid.org/0000-0002-3410-9587