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摘要翻译：
锚定是心理学中的一个术语，用来描述人类在做决定时过于依赖（锚定）一条信息的共同倾向。由L.Gil\cite{Gil}提出的一种受生物马达启发的交易算法，被建议作为金融市场锚定的试验场。对于任意价格分布，给出了该算法的精确解。此外，将该算法扩展到市场中性投资组合的情形，揭示了锚定参与市场参与者决策的额外证据。锚定所产生的套利可能性的暴露又一次说明了仅考虑过去价格时间序列中的低阶相关性来证明市场有效性的困难
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英文标题：
《Detecting anchoring in financial markets》
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作者：
Jorgen Vitting Andersen
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最新提交年份：
2007
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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
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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。
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英文摘要：
Anchoring is a term used in psychology to describe the common human tendency to rely too heavily (anchor) on one piece of information when making decisions. A trading algorithm inspired by biological motors, introduced by L. Gil\cite{Gil}, is suggested as a testing ground for anchoring in financial markets. An exact solution of the algorithm is presented for arbitrary price distributions. Furthermore the algorithm is extended to cover the case of a market neutral portfolio, revealing additional evidence that anchoring is involved in the decision making of market participants. The exposure of arbitrage possibilities created by anchoring gives yet another illustration on the difficulty proving market efficiency by only considering lower order correlations in past price time series
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PDF链接：
https://arxiv.org/pdf/0705.3319
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