The Influence of the Number of Different Stocks on the Levy–Levy–Solomon Model
- 1 December 1997
- journal article
- research article
- Published by World Scientific Pub Co Pte Ltd in International Journal of Modern Physics C
- Vol. 08 (06) , 1309-1316
- https://doi.org/10.1142/s0129183197001168
Abstract
The stock market model of Levy, Levy, Solomon is simulated for more than one stock to analyze the behavior for a large number of investors. Small markets can lead to realistic looking prices for one and more stocks. A large number of investors leads to a semi-regular fashion simulating one stock. For many stocks, three of the stocks are semi-regular and dominant, the rest is chaotic. Aside from that we changed the utility function and checked the results.Keywords
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