TITLE

The values distribution in a competing shares financial market model

AUTHOR(S)
Ponzi, A.; Aizawa, Y.
PUB. DATE
June 2000
SOURCE
AIP Conference Proceedings;2000, Vol. 519 Issue 1, p685
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
We present our competing shares financial market model and describe it's behaviour by numerical simulation. We show that in the critical region the distribution avalanches of the market value as defined in this model has a power-law distribution with exponent around 2.3. In this region the price returns distribution is truncated Levy stable.
ACCESSION #
5664965

 

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