Source:http://linkedlifedata.com/resource/pubmed/id/15447533
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rdf:type | |
lifeskim:mentions | |
pubmed:issue |
2 Pt 2
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pubmed:dateCreated |
2004-9-27
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pubmed:abstractText |
We introduce a simple extension of the minority game in which the market rewards contrarian (respectively, trend-following) strategies when it is far from (respectively, close to) efficiency. The model displays a smooth crossover from a regime where contrarians dominate to one where trend-followers dominate. In the intermediate phase, the stationary state is characterized by non-Gaussian features as well as by the formation of sustained trends and bubbles.
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pubmed:language |
eng
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pubmed:journal | |
pubmed:status |
PubMed-not-MEDLINE
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pubmed:month |
Aug
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pubmed:issn |
1539-3755
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pubmed:author | |
pubmed:issnType |
Print
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pubmed:volume |
70
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pubmed:owner |
NLM
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pubmed:authorsComplete |
Y
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pubmed:pagination |
025104
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pubmed:year |
2004
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pubmed:articleTitle |
Generalized minority games with adaptive trend-followers and contrarians.
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pubmed:affiliation |
INFM-SMC and Dipartimento di Fisica, Università di Roma La Sapienza, Piazzale A. Moro 2, 00185 Roma, Italy.
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pubmed:publicationType |
Journal Article
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