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https://ah.lib.nccu.edu.tw/handle/140.119/68730
題名: | Scale-Free Network Emerged in the Markets: Human Traders versus Zero-Intelligence Traders | 作者: | 陳樹衡 Chen,Shu-Heng |
貢獻者: | 經濟系 | 日期: | 2008 | 上傳時間: | 14-八月-2014 | 摘要: | We design a Web-based prediction market platform to monitor the trading behavior among the human traders in real-time. Two experiments tied to the outcomes of mayoral election in Taiwan are performed in parallel for 30 days. From the accumulated transaction data, we reconstruct the so-called cash-flow networks. We observe that the network structure is hierarchical and scale-free with a power-law exponent of 1.15±0.07. Through carrying out a post-simulation, we also demonstrate that a simple double auction market with “zero intelligence” traders is capable of generating hierarchical and scale-free networks. | 關聯: | Agent-Based Approaches in Economic and Social Complex Systems V , Springer Series on Agent Based Social Systems Volume 6, 2009, pp 245-254 | 資料類型: | book/chapter | DOI: | http://dx.doi.org/10.1007/978-4-431-87435-5_20 |
Appears in Collections: | 專書/專書篇章 |
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