[PDF] Top 20 On the Role of Intensive Search in Stock Markets: Simulations Based on Artificial Stock Markets

... 2 Search In Chen and Yeh (2000), the rank function plays a role in transmitting the peer pressure received by traders to their search ...manipulate the sensitivity ... See full document

... studies the behavior of price discovery within a context of an agent based stock market, in which the twin assumptions, namely, rational expectations and the ... See full document

... are, in effect, some arguments to predict why these inconsistent patterns may ...consider the cases C1 and C2. A supportive argument would be following: it is the intensive search, ... See full document

... studies the behavior of price discovery within a context of an agent based stock market, in which the twin assumptions, namely, rational expectations and the ... See full document

... variables, influencing the conditional volatility. They suggested that the trading activity variables should be detrended at first, and then the detrended series should be divided into expected ... See full document

... investors in emerging markets are often compensated for bearing relevant local market risk, while investors in developed markets are often penalized by bearing irrelevant local market ...to ... See full document

... one of the drawbacks of SGP-based framework is that the traders can’t work out new ideas by ...themselves. The only way is to consult researchers in the business ... See full document

... verify the autocorrelation in our model whose null hypothesis is ‘there is no serial correlation in the model residuals (or squared ...check the validity of the volatility ... See full document

... important role in determining the wealth effects of oil-related name changes in the ...U.S. markets. During the normal market period, no significant market response ... See full document

... coating the silicon substrates with ZnO thin films, hydrothermal growth of ZnO nanowire arrays was achieved by suspending these ZnO seed-coated substrates upside down in a glass beaker filled with ... See full document

... subtract the CTC return during the period between February 28, 2001 to May 31, 2001 from the mean of this subperiod and keep observations in other subperiod ...control the impact ... See full document

... ABSTRACT The impact of globalization and liberalization caused flowing of capital to international stock markets which enhanced the international ...returns of ... See full document

... appreciates in the long run. De- spite the popularity of the REIT mechanism in Asia, some unique char- acteristics of Asian REITs are worth ...REITs in Asia do not ... See full document

... Taiwan the “Real Estate Securitization Statute” was promulgated in ...and the fixed-income sector. In addition, the asset maintains strong links with the direct real estate ... See full document

... analyzed the transaction cost of ten securities, including stocks, Exchange-Traded Funds (ETFs) and Real Estate Investment Trusts (REITs), in Taiwan stock market and compared this result with ... See full document

... Our research constructed the structural change GARCH regression model to capture the effect of foreign institutional trading behaviors on the Taiwan Stock Exchang巴 Accordi[r] ... See full document

... variation; stock market indexes JEL classification: C14; C51; G11 ...Since the origins of modern finance, continuous-time diffusion processes have played a central role in financial ... See full document

... characteristics of the Chinese bourses could be related to the lack of maturity in the Chinese security markets and the rapid transformation of the ... See full document

... field of study within the AI area, where researchers employ a ‘biologically inspired’ method to process ...especially in the areas of forecasting and classification ...most of ... See full document

... Approach Based on Genetic-Programming Articial Markets.. Shu-Heng Chen.[r] ... See full document