Emergence of Overconfidence Investors in Financial Markets
Hiroshi Takahashi 0, Takao Terano
0Graduate School of Humanities and Social Sciences, Okayama U
Available Online October 2006.
- https://doi.org/10.2991/jcis.2006.338How to use a DOI?
- Finance, Multi-Agent System, Behavioral Economics, Overconfidence, Inverse Simulation
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Hiroshi Takahashi AU - Takao Terano PY - 2006/10 DA - 2006/10 TI - Emergence of Overconfidence Investors in Financial Markets BT - 9th Joint International Conference on Information Sciences (JCIS-06) PB - Atlantis Press SN - 1951-6851 UR - https://doi.org/10.2991/jcis.2006.338 DO - https://doi.org/10.2991/jcis.2006.338 ID - Takahashi2006/10 ER -