英文标题：
《Order Book, Financial Markets and Self-Organized Criticality》
---
作者：
Alessio Emanuele Biondo, Alessandro Pluchino, Andrea Rapisarda
---
最新提交年份：
2016
---
英文摘要：
We present a simple order book mechanism that regulates an artificial financial market with self-organized criticality dynamics and fat tails of returns distribution. The model shows the role played by individual imitation in determining trading decisions, while fruitfully replicates typical aggregate market behavior as the \"self-fulfilling prophecy\". We also address the role of random traders as a possible decentralized solution to dampen market fluctuations.
---
中文摘要：
我们提出了一个简单的指令簿机制，该机制通过自组织临界动态和收益分布的厚尾来调节人工金融市常该模型显示了个体模仿在决定交易决策中所起的作用，同时将典型的总体市场行为复制为“自我实现的预言”。我们还讨论了随机交易者作为抑制市场波动的可能分散解决方案的作用。
---
分类信息：

一级分类：Quantitative Finance 数量金融学
二级分类：Trading and Market Microstructure 交易与市场微观结构
分类描述：Market microstructure, liquidity, exchange and auction design, automated trading, agent-based modeling and market-making
市场微观结构，流动性，交易和拍卖设计，自动化交易，基于代理的建模和做市
--
一级分类：Physics 物理学
二级分类：Physics and Society 物理学与社会
分类描述：Structure, dynamics and collective behavior of societies and groups (human or otherwise). Quantitative analysis of social networks and other complex networks. Physics and engineering of infrastructure and systems of broad societal impact (e.g., energy grids, transportation networks).
社会和团体（人类或其他）的结构、动态和集体行为。社会网络和其他复杂网络的定量分析。具有广泛社会影响的基础设施和系统（如能源网、运输网络）的物理和工程。
--

---
PDF下载：
-->