Short and Long Term Investor Synchronization Caused by Decoupling

Magda Roszczynska-Kurasinska; Andrzej Nowak; Daniel Kamieniarz; Sorin Solomon; Jørgen Vitting Andersen; Angel Sánchez

doi:10.1371/journal.pone.0050700

Short and Long Term Investor Synchronization Caused by Decoupling

Magda Roszczynska-Kurasinska^*
, Andrzej Nowak
, Daniel Kamieniarz
, Sorin Solomon
, Jørgen Vitting Andersen
, Angel Sánchez

^*Corresponding author for this work

Racah Institute of Physics

Research output: Contribution to journal › Article › peer-review

7 Scopus citations

Abstract

The dynamics of collective decision making is not yet well understood. Its practical relevance however can be of utmost importance, as experienced by people who lost their fortunes in turbulent moments of financial markets. In this paper we show how spontaneous collective "moods" or "biases" emerge dynamically among human participants playing a trading game in a simple model of the stock market. Applying theory and computer simulations to the experimental data generated by humans, we are able to predict the onset of such moments <bold>before</bold> they actually happen.

Original language	English
Article number	e50700
Journal	PLoS ONE
Volume	7
Issue number	12
DOIs	https://doi.org/10.1371/journal.pone.0050700
State	Published - 7 Dec 2012

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AU - Andersen, Jørgen Vitting

AU - Sánchez, Angel

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Short and Long Term Investor Synchronization Caused by Decoupling

Abstract

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