An epidemiological approach to opinion and price-volume dynamics
We develop a simple and tractable model of opinions and price-volume dynamics based on a word-of-mouth communication process widely used in epidemiology. Risk-averse investors have different opinions depending on whether they heard the news from a friend. Opinions initially diverge and then converge...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2013
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5332 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6331/viewcontent/SSRN_id1569418__1_.pdf |
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| Institution: | Singapore Management University |
| Language: | English |