Steinbacher, Matjaz (2009): The Role of Liquidity Individuals in the Decision-Making.
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We simulate social network games of a portfolio selection to analyze the role of liquidity individuals for the developments in individuals’ decision-making in financial markets. Liquidity individuals prove to be a significant element in the decision-making process of the entire network, as they keep the information of non-dominant strategies alive. Their role is especially significant under omniscient individuals, whereas a little less under non-omniscient individuals. As long as individuals do not lose the information of all the alternatives, their role is insignificant.
|Item Type:||MPRA Paper|
|Original Title:||The Role of Liquidity Individuals in the Decision-Making|
|Keywords:||social networks, portfolio analysis, stochastic finance|
|Subjects:||G - Financial Economics > G1 - General Financial Markets > G11 - Portfolio Choice; Investment Decisions
Z - Other Special Topics > Z1 - Cultural Economics; Economic Sociology; Economic Anthropology > Z13 - Economic Sociology; Economic Anthropology; Social and Economic Stratification
C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C73 - Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
|Depositing User:||Matjaz Steinbacher|
|Date Deposited:||23. Feb 2009 05:23|
|Last Modified:||19. Feb 2013 08:23|
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