@inproceedings{6dd9a568896045d08c80536d1e3ff33d,
title = "Analyzing the influence of overconfident investors on financial markets through agent-based model",
abstract = "In this research, we employ Agent-Based Model to analyze how asset prices are affected by investors' Behavior. This analysis places focus on the influence of overconfident investors on financial market. As a result of intensive analysis, we find that overconfident investors are generated in a bottom-up fashion in the market. Furthermore, it has also been found that overconfident investors have the ability to contribute to market efficiency.",
keywords = "Agent based-model, Asset pricing, Behavioral economics, Overconfidence",
author = "Hiroshi Takahashi and Takao Terano",
year = "2007",
month = jan,
day = "1",
doi = "10.1007/978-3-540-77226-2_104",
language = "English",
isbn = "9783540772255",
series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",
publisher = "Springer Verlag",
pages = "1042--1052",
booktitle = "Intelligent Data Engineering and Automated Learning - IDEAL 2007 - 8th International Conference, Proceedings",
note = "8th International Conference on Intelligent Data Engineering and Automated Learning, IDEAL 2007 ; Conference date: 16-12-2007 Through 19-12-2007",
}