Rights
publisher
Member of
Contributors
Date Issued
2012-12-07
Description
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.
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.
Type
Genre
Identifier
10.1371/journal.pone.0050700
Date Backup
2012-12-07
Date Text
2012-12-07
DOI
10.1371/journal.pone.0050700
Date Issued (EDTF)
2012-12-07
Extension
FAU
FAU
IID
FAUIR000040
Person Preferred Name
Magda
Roszczynska-Kurasinska
author
Physical Description
PUBLISHED
Title Plain
Short and Long Term Investor Synchronization Caused by Decoupling
Use and Reproduction
publisher
Origin Information
2012-12-07
Other Date
2012-12-07
Other Date Backup
2012-12-07
Part
e50700
7
12
2012-12-07
Title
Short and Long Term Investor Synchronization Caused by Decoupling
Other Title Info
Short and Long Term Investor Synchronization Caused by Decoupling
Extent Start
e50700