TITLE

Herd behavior and return dynamics in a share market with many types of agents

AUTHOR(S)
Aoki, Masanao
PUB. DATE
June 2000
SOURCE
AIP Conference Proceedings;2000, Vol. 519 Issue 1, p699
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper considers a market in which shares of a holding company is traded by agents of many types. The market behavior is examined by regarding clusters of agents by types as random combinatorial partitions of agents by types. The equilibrium distribution is known to be the Ewens sampling formula. The paper examines the situations in which two types of agents dominate in the markets by using the marginal distribution for the two largest fractions of agent types. The returns are conjectured to obey a power-law.
ACCESSION #
5664963

 

Related Articles

  • Fluctuations of Matrix Entries of Regular Functions of Wigner Matrices. Pizzo, Alessandro; Renfrew, David; Soshnikov, Alexander // Journal of Statistical Physics;Feb2012, Vol. 146 Issue 3, p550 

    We study the fluctuations of the matrix entries of regular functions of Wigner random matrices in the limit when the matrix size goes to infinity. In the case of the Gaussian ensembles (GOE and GUE) this problem was considered by A. Lytova and L. Pastur (J. Stat. Phys. 134:147-159, ). Our...

  • Bank stock profile.  // Banking;Aug71, Vol. 64 Issue 2, p48 

    Presents the stock profiles of major one bank holding companies and major banks in the U.S. from 1969 to 1971 prepared by Wright Investors' Service in Bridgeport, Connecticut.

  • Mutuals' MHC push won't stop. West, Diane // National Underwriter / Life & Health Financial Services;12/22/97-12/29/97, Vol. 101 Issue 51, p3 

    Reports that the mutual holding companies (MHC) groundwork laid in 1997 promises to manifest itself in a big way in 1998. Definition of mutual holding company; Aim of MHC structures; Site wherein many of the largest mutuals are headquartered and transactions took place; Effects of the potential...

  • Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company. Lewandowski, Michael J. // Federal Register (National Archives & Records Service, Office of;10/4/2012, Vol. 77 Issue 193, p60702 

    The article informs that notices have been issued by the notificants for acquisition of shares of bank or bank holding company in relation to the changes in Bank Control Act.

  • Partial mbo at Robert Dyas chain.  // Housewares;Mar2001, Issue 157, p32 

    Reports the acquisition of a minority shareholding of Robert Dyas Holdings by Chief Executive Brent Wilkinson and Chairman Roger Pedder. Accounts of the additional shares sold to different investors; Details on the remaining shares of the original shareholders; Estimate on the commercial value...

  • Financings roundup.  // Medical Device Daily;2/4/2011, Vol. 15 Issue 24, p3 

    This article reports on the decision of MedQuist Holdings to start an exchange offer for all the issued and outstanding shares of MedQuist common stock that it does not own or have the right to acquire.

  • Avidbank in California Raises $16 Million. Browdie, Brian // American Banker;6/27/2013, Vol. 178 Issue 99, p3 

    The article reports that banking company Avidbank Holdings of Palo Alto, California has raised 16 million dollars by selling around 1.6 million shares of common stock in a private offering.

  • Fedeli's offer for big GLB stake nixed. Serres, Christopher // Crain's Cleveland Business;03/06/2000, Vol. 21 Issue 10, p3 

    Focuses on the purchase offer of Umberto Fedeli for the stake of Richard M. Osborne at GLB Bancorp, a bank holding company in Cleveland, Ohio. Assertion on the resignation of Osborne as part of the offer; Impact of selling Osborne stake on the company; Withdrawal of deposits by bank associates.

  • Financings roundup.  // Medical Device Daily;7/1/2012, Vol. 16 Issue 127, p6 

    The article reports that TeamHealth Holdings has started a secondary offering of 8,000,000 shares of its common stock, with 7,925,000 to be sold by its principal stockholder, Ensemble Parent and 75,000 shares by its officers and directors.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics