Financial Market Manipulation: How to identify the Mechanisms?
International Journal of Economic Practices and Theories
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Title |
Financial Market Manipulation: How to identify the Mechanisms?
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Creator |
Vlad, Andreea
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Subject |
Finance
manipulation, agent-based models, efficiency, financial markets C88, D40, D84, G10 |
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Description |
The financial market responds to a variety of regulations that are meant to ensure its proper functioning. However, there are always speculations and agents who are eager to violate the trust of the investors in order to have more personal benefits. The main purpose of the present study is to identify the forms of manipulation (through information, through actions or through transactions) that alter the transparency and the good functioning of the financial market and lead to a general inadequate behaviour among the investors. The agent-based financial markets simulation models that resulted for various indexes are the key factors in interpreting the mechanisms mentioned before. Depending on the number of agents on the market, their initial wealth and the period of the simulation, the evolution of the index price is interpreted in terms of market manipulation taken into consideration the fact that the financial market evolves to a state of equilibrium using its own mechanism.
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Publisher |
International Journal of Economic Practices and Theories
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Contributor |
—
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Date |
2014-01-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.ijept.org/index.php/ijept%20/article/view/Financial_Market_Manipulation_How_to_identify_the_Mechanisms
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Source |
International Journal of Economic Practices and Theories; Vol 4, No 1 (2014); 77-88
2247 – 7225 |
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Language |
eng
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Relation |
http://www.ijept.org/index.php/ijept%20/article/view/Financial_Market_Manipulation_How_to_identify_the_Mechanisms/ijept_4_1_pdf_8
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