Emergence of overconfidence investor in financial markets

Hiroshi Takahashi, Takao Terano

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Citations (Scopus)

Abstract

This research utilizes the Agent-Based Model to clarify microscopic and macroscopic links between investor behavior and price fluctuations in the financial market. This analysis places focus on the role that investors' overconfidence plays in the financial market. As a result of this analysis, it has been found that overconfident investors are generated in a bottom-up fashion in the market.

Original languageEnglish
Title of host publicationProceedings of the 9th Joint Conference on Information Sciences, JCIS 2006
DOIs
Publication statusPublished - 2006
Externally publishedYes
Event9th Joint Conference on Information Sciences, JCIS 2006 - Taiwan, ROC, Taiwan, Province of China
Duration: 2006 Oct 82006 Oct 11

Publication series

NameProceedings of the 9th Joint Conference on Information Sciences, JCIS 2006
Volume2006

Other

Other9th Joint Conference on Information Sciences, JCIS 2006
Country/TerritoryTaiwan, Province of China
CityTaiwan, ROC
Period06/10/806/10/11

Keywords

  • Behavioral economics
  • Finance
  • Inverse simulation
  • Multi-agent system
  • Overconfidence

ASJC Scopus subject areas

  • Engineering(all)

Fingerprint

Dive into the research topics of 'Emergence of overconfidence investor in financial markets'. Together they form a unique fingerprint.

Cite this