Capital flow in a two-component dynamical system
统计力学
2009-10-31 v2 adap-org
无序系统与神经网络
适应与自组织系统
交易与市场微观结构
摘要
A model of open economics composed of producers and speculators is investigated by numerical simulations. The capital flows from the environment to the producers and from them to the speculators. The price fluctuations are suppressed by the speculators. When the aggressivity of the speculators grows, there is a transition from the regime with almost sure profit to a very risky regime in which very small fraction of speculators have stable gain. The minimum of price fluctuations occurs close to the transition.
关键词
引用
@article{arxiv.cond-mat/9906249,
title = {Capital flow in a two-component dynamical system},
author = {Frantisek Slanina and Yi-Cheng Zhang},
journal= {arXiv preprint arXiv:cond-mat/9906249},
year = {2009}
}
备注
7 pages, 7 figures, submitted to Physica A