Research Article

Understanding How Short-Termism and a Dynamic Investor Network Affects Investor Returns: An Agent-Based Perspective

Table 3

Baseline parameter settings.

VariableSettings

Time steps per run2,999
Runs per setting60
Number of investors 2,500
Market depth 0.25
Transaction ratio 0.02
Memory for long-term investors 0.95
Memory differentiation0.05
Potential Oracles10
Number of original neighbors4
Network influence (the c1 variable)1,2,3,4
Percentage of short-term investors0%, 25%, 50%, 75%  & 100%
Rewiring intervals (time step)250, 500, 1000, 1500