The Values Distribution in a Competing Shares Financial Market Model

A. Ponzi; Y. Aizawa

doi:10.1063/1.1291643

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arXiv · cond-mat/9911428

The Values Distribution in a Competing Shares Financial Market Model

A. Ponzi·Y. Aizawa

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Abstract

We present our competing shares financial market model and describe its behaviour by numerical simulation. We show that in the critical region the distribution avalanches of the market value as defined in this model has a power-law distribution with exponent around 2.3. In this region the price returns distribution is truncated Levy stable with exponent near the observed value.

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A. Ponzi, Y. Aizawa. 1999-11-26. The Values Distribution in a Competing Shares Financial Market Model. https://doi.org/10.1063/1.1291643

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