Power laws of wealth, market order volumes and market returns

DOI10.1016/S0378-4371(01)00295-3zbMath1022.91503arXivcond-mat/0102423OpenAlexW2125725371MaRDI QIDQ5947879

Peter Richmond, Sorin Solomon

Publication date: 23 October 2001

Published in: Physica A (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/cond-mat/0102423

zbMATH Keywords

multiagent systemsLotka Volterra model

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

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Cites Work

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• Finite market size as a source of extreme wealth inequality and market instability
• Price fluctuations from the order book perspective - empirical facts and a simple model
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