Investigating the Impact of Anchoring Effects and Market Manipulation on Wealth Distribution in Agent-Based Asset Markets
學年 112
學期 2
發表日期 2024-07-01
作品名稱 Investigating the Impact of Anchoring Effects and Market Manipulation on Wealth Distribution in Agent-Based Asset Markets
作品名稱(其他語言)
著者 Bin-Tzong Chie
作品所屬單位
出版者
會議名稱 The 33rd European Conference on Operational Research
會議地點 Copenhagen, Denmark
摘要 In recent years, the proliferation of automated trading strategies has underscored the significance of anchoring effects in financial markets. Despite efforts to tailor these strategies to user preferences, anchoring effects persist, influencing decision-making among traders. This phenomenon, observed by Tversky and Kahneman, affects buyers and sellers differently, leading to market distortions. Additionally, the presence of market manipulators further complicates market dynamics, exacerbating wealth distribution imbalances. To better understand these dynamics, we employ agent-based modeling, allowing for the exploration of interactions among different agents in the market. Through simulations, the study aims to shed light on the impact of anchoring effects and market manipulation on wealth distribution, offering valuable insights for financial regulators. This study aims to address these challenges by constructing an agent-based asset market incorporating anchored traders and market manipulators. Inspired by previous research, the study aims to understand how different scenarios and manipulative practices influence market efficiency and wealth distribution using agent-based modeling.
關鍵字 Auctions / Competitive Bidding, Financial Modelling, Complex Societal Problems
語言 en_US
收錄於
會議性質 國際
校內研討會地點
研討會時間 20240701~20240703
通訊作者
國別 DNK
公開徵稿
出版型式
出處