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ERCIM
2010
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ERCIM 2010
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Smart Agents and Sentiment in the Heterogeneous Agent Model
14 years 19 days ago
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czvdee.utia.cas.cz
: We show that the cusp catastrophe model explains the crash of stock exchanges much better than other models. On the data of U.S. stock markets we demonstrate that the crash of 19...
Lukás Vácha, Jozef Baruník, M...
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