| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10481487 | Physica A: Statistical Mechanics and its Applications | 2012 | 6 Pages |
Abstract
⺠We extend Kirman's model by introducing variable event time scale. ⺠Proposed agent based model is compared to the stochastic model of financial markets. ⺠Agent based model serves as a microscopic reasoning of power law statistics.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
A. Kononovicius, V. Gontis,