Power laws in economics and finance: some ideas from physics
By Jean-Philippe Bouchaud. 2001
164 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/8a64a5deaaf09aec1ac1e900fc15f5da650914bb
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Cars H. Hommes
- Jean-Philippe Bouchaud
- Steven N. Durlauf
- Q. Michard
- James B. Glattfelder
- Alexandre Dupuis
- Richard B. Olsen
- Xue-zhong He
Citations in the corpus
- Theory of collective opinion shifts: from smooth trends to abrupt swings (2005, background): “[27] These examples were actually proposed in [23, 24].”
- Patterns in high-frequency FX data: discovery of 12 empirical scaling laws (2008, background): “, Bouchaud [2001], Barndorff-Nielsen and Prause [2001], Farmer and Lillo [2004], Lux [2006], Joulin et al. [2008]). In the challenge of identifying new scaling laws, we analyse the price data of the foreign exchange (FX) market, a complex network made of interacting agents: corporations, institution”
- Complexity and Empirical Economics (2005, background): “…(1999), have been constructed to produce fat-tailed distributions in returns and long memory in volatility, two features whose empirical salience LeBaron (2001) has questioned; a similar exercise is developed in Farmer and 9 Bouchaud (2001) is a very readable overview of this type of theorising.”
- Crises and Collective Socio-Economic Phenomena: Simple Models and Challenges (2012, background): “21, 49 (1991) [37] J.”
- Heterogeneous Agent Models in Economics and Finance, In: Handbook of Computational Economics II: Agent-Based Computational Economics, edited by Leigh Tesfatsion and Ken Judd, Elsevier, Amsterdam 2006, pp.1109-1186 (2005, background): “Fundamental excess demand is assumed to be a linear function of the form D t = a(w(t)− p(t)), a > 0, (25)”