Clusters of Traders in Financial Markets

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In this chapter we discuss Aoki’s work on the description of clusters of economic agents acting in a market. Specifically, we briefly discuss his work on the Ewens distribution and its application in a model of stock market with heterogeneous agents. We then review recent empirical analyses on the heterogeneity of financial market participants and make a working hypothesis for an empirical study on the distribution of the number of clusters of market participants in a real stock market monitored with a resolution down to the shadowed identity of market participants.
Original languageEnglish
Title of host publicationComplexity, Heterogeneity, and the Methods of Statistical Physics in Economics Essays in Memory of Masanao Aoki
Pages203-212
Number of pages10
Publication statusPublished - 2020

Fingerprint Dive into the research topics of 'Clusters of Traders in Financial Markets'. Together they form a unique fingerprint.

Cite this