Name
Lebedeva Tatiana Sergeevna
Scholastic degree
•
Academic rank
—
Honorary rank
—
Organization, job position
Saint-Petersburg State University
Web site url
t.podguzova@spbu.ru, tpodguzova@mail.ru
Articles count: 1
In the present study, the calculations of price dynamics
are made in the model of a financial market consisting
of fundamentalist and noise traders. Numerical
calculations are carried out in accordance with the full
Walrasian dynamic price adjustment rule. To describe
fluctuations in the number of optimistic and
pessimistic noise traders, a seminal stochastic
Kirman’s ant model (reducible to a Markov chain) is
used, as well as its modification with different scaling
properties of the parameter controlling the strength of
herding behavior of noise agents