Life in the Stockmarket - a Realistic Model for Trading
| dc.creator | Franci, Fabio | |
| dc.creator | Matassini, Lorenzo | |
| dc.date | 2000-08-31 | |
| dc.date.accessioned | 2026-07-07T12:06:28Z | |
| dc.date.available | 2026-07-07T12:06:28Z | |
| dc.description | We propose a frustrated and disordered many-body model of a stockmarket in which independent adaptive traders can trade a stock subject to the economic law of supply and demand. We show that the typical scaling properties and the correlated volatility arise as a consequence of the collective behavior of agents: With their interaction they determine a price which in turn affects their future way of investing. We introduce only one type of investors, since they all share the same hope: They simply want to maximize the profit minimizing the risk. The best utilization of resources occurs at a critical point characterized by the transition between the excess-demand and the excess-supply phases. | |
| dc.description | 4 pages, 4 figures | |
| dc.identifier | https://arxiv.org/abs/cond-mat/0008466 | |
| dc.identifier | http://arxiv.org/abs/cond-mat/0008466 | |
| dc.identifier.uri | http://salesiana.dossiersoluciones.com/handle/123456789/208662 | |
| dc.subject | Statistical Mechanics | |
| dc.subject | Trading and Market Microstructure | |
| dc.title | Life in the Stockmarket - a Realistic Model for Trading | |
| dc.type | text |