Publications-Books & Chapters in Books

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

Related Publications in TAIR

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-Aug-2014 12:06:07 (UTC+8)
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
dc.contributor 經濟系en_US
dc.creator (作者) 陳樹衡zh_TW
dc.creator (作者) Chen,Shu-Hengen_US
dc.date (日期) 2008en_US
dc.date.accessioned 14-Aug-2014 12:06:07 (UTC+8)-
dc.date.available 14-Aug-2014 12:06:07 (UTC+8)-
dc.date.issued (上傳時間) 14-Aug-2014 12:06:07 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/68730-
dc.description.abstract (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.en_US
dc.format.extent 574739 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Agent-Based Approaches in Economic and Social Complex Systems V , Springer Series on Agent Based Social Systems Volume 6, 2009, pp 245-254en_US
dc.title (題名) Scale-Free Network Emerged in the Markets: Human Traders versus Zero-Intelligence Tradersen_US
dc.type (資料類型) book/chapteren
dc.identifier.doi (DOI) 10.1007/978-4-431-87435-5_20en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1007/978-4-431-87435-5_20en_US