IDEAS home Printed from https://ideas.repec.org/p/tiu/tiutis/4195bb68-ae50-45ec-9b4b-d6784db3e308.html
   My bibliography  Save this paper

Rumours and Markets

Author

Listed:
  • Kosfeld, M.

    (Tilburg University, School of Economics and Management)

Abstract

No abstract is available for this item.

Suggested Citation

  • Kosfeld, M., 1998. "Rumours and Markets," Other publications TiSEM 4195bb68-ae50-45ec-9b4b-d, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:4195bb68-ae50-45ec-9b4b-d6784db3e308
    as

    Download full text from publisher

    File URL: https://pure.uvt.nl/ws/portalfiles/portal/528615/23.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Pound, John & Zeckhauser, Richard J, 1990. "Clearly Heard on the Street: The Effect of Takeover Rumors on Stock Prices," The Journal of Business, University of Chicago Press, vol. 63(3), pages 291-308, July.
    2. Nikolaos Vettas, 1998. "Demand and Supply in New Markets: Diffusion with Bilateral Learning," RAND Journal of Economics, The RAND Corporation, vol. 29(1), pages 215-233, Spring.
    3. Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
    4. Irène Hors, 1995. "Des modèles de transition de phase en économie ?," Revue Économique, Programme National Persée, vol. 46(3), pages 817-826.
    5. Alvaro Sandroni, 2000. "Do Markets Favor Agents Able to Make Accurate Predicitions?," Econometrica, Econometric Society, vol. 68(6), pages 1303-1342, November.
    6. Jean-Noël Kapferer, 1989. "A mass poisoning rumor in Europe," Post-Print hal-00784152, HAL.
    7. Steven N. Durlauf, 1993. "Nonergodic Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(2), pages 349-366.
    8. Alan Kirman, 1993. "Ants, Rationality, and Recruitment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(1), pages 137-156.
    9. Jean-Noël Kapferer, 1987. "Rumeurs - le plus vieux média du monde," Post-Print hal-00788656, HAL.
    10. Glenn Ellison & Drew Fudenberg, 1995. "Word-of-Mouth Communication and Social Learning," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(1), pages 93-125.
    11. Griffeath, David, 1981. "The basic contact processes," Stochastic Processes and their Applications, Elsevier, vol. 11(2), pages 151-185, May.
    12. Follmer, Hans, 1974. "Random economies with many interacting agents," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 51-62, March.
    13. Abhijit V. Banerjee, 1992. "A Simple Model of Herd Behavior," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(3), pages 797-817.
    14. Allen, Beth, 1982. "Some Stochastic Processes of Interdependent Demand and Technological Diffusion of an Innovation Exhibiting Externalities among Adopters," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(3), pages 595-608, October.
    15. Blume, Lawrence & Easley, David, 1992. "Evolution and market behavior," Journal of Economic Theory, Elsevier, vol. 58(1), pages 9-40, October.
    16. Lordon, Frederic & Hors, Irene, 1997. "About some formalisms of interaction Phase transition models in economics?," Journal of Evolutionary Economics, Springer, vol. 7(4), pages 355-373.
    17. Jean-Noël Kapferer, 1987. "Rumeurs - le plus vieux média du monde," Post-Print hal-00786663, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Li, Dandan & Ma, Jing, 2017. "How the government’s punishment and individual’s sensitivity affect the rumor spreading in online social networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 469(C), pages 284-292.
    2. Xue Yang & Zhiliang Zhu & Hai Yu & Yuli Zhao & Li Guo, 2019. "Evolutionary Game Dynamics of the Competitive Information Propagation on Social Networks," Complexity, Hindawi, vol. 2019, pages 1-11, December.
    3. Peter M. Clarkson & Daniel Joyce & Irene Tutticci, 2006. "Market reaction to takeover rumour in Internet Discussion Sites," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 46(1), pages 31-52, March.
    4. Hosni, Adil Imad Eddine & Li, Kan & Ahmad, Sadique, 2020. "Analysis of the impact of online social networks addiction on the propagation of rumors," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 542(C).
    5. Zhao, Laijun & Wang, Jiajia & Chen, Yucheng & Wang, Qin & Cheng, Jingjing & Cui, Hongxin, 2012. "SIHR rumor spreading model in social networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(7), pages 2444-2453.
    6. Zhao, Laijun & Cui, Hongxin & Qiu, Xiaoyan & Wang, Xiaoli & Wang, Jiajia, 2013. "SIR rumor spreading model in the new media age," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(4), pages 995-1003.
    7. Yao Hongxing & Zou Yushi, 2019. "Research on Rumor Spreading Model with Time Delay and Control Effect," Journal of Systems Science and Information, De Gruyter, vol. 7(4), pages 373-389, August.
    8. Horst, Ulrich, 2010. "Dynamic systems of social interactions," Journal of Economic Behavior & Organization, Elsevier, vol. 73(2), pages 158-170, February.
    9. Yue Dong & Jiepeng Wang & Tingqiang Chen, 2019. "Price Linkage Rumors in the Stock Market and Investor Risk Contagion on Bilayer-Coupled Networks," Complexity, Hindawi, vol. 2019, pages 1-21, April.
    10. Ma, Jing & Zhu, He, 2018. "Rumor diffusion in heterogeneous networks by considering the individuals’ subjective judgment and diverse characteristics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 499(C), pages 276-287.
    11. Zan, Yongli & Wu, Jianliang & Li, Ping & Yu, Qinglin, 2014. "SICR rumor spreading model in complex networks: Counterattack and self-resistance," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 405(C), pages 159-170.
    12. Liu, Wanping & Wu, Xiao & Yang, Wu & Zhu, Xiaofei & Zhong, Shouming, 2019. "Modeling cyber rumor spreading over mobile social networks: A compartment approach," Applied Mathematics and Computation, Elsevier, vol. 343(C), pages 214-229.
    13. Nekovee, M. & Moreno, Y. & Bianconi, G. & Marsili, M., 2007. "Theory of rumour spreading in complex social networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 374(1), pages 457-470.
    14. Laijun Zhao & Jiajia Wang & Rongbing Huang, 2015. "Immunization against the Spread of Rumors in Homogenous Networks," PLOS ONE, Public Library of Science, vol. 10(5), pages 1-17, May.
    15. Zhao, Laijun & Wang, Xiaoli & Qiu, Xiaoyan & Wang, Jiajia, 2013. "A model for the spread of rumors in Barrat–Barthelemy–Vespignani (BBV) networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(21), pages 5542-5551.
    16. Zhao, Laijun & Wang, Qin & Cheng, Jingjing & Chen, Yucheng & Wang, Jiajia & Huang, Wei, 2011. "Rumor spreading model with consideration of forgetting mechanism: A case of online blogging LiveJournal," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(13), pages 2619-2625.
    17. Hu, Yuhan & Pan, Qiuhui & Hou, Wenbing & He, Mingfeng, 2018. "Rumor spreading model considering the proportion of wisemen in the crowd," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 505(C), pages 1084-1094.
    18. Jinxian Li & Yanping Hu & Zhen Jin, 2019. "Rumor Spreading of an SIHR Model in Heterogeneous Networks Based on Probability Generating Function," Complexity, Hindawi, vol. 2019, pages 1-15, June.
    19. Chen, Guanghua, 2019. "ILSCR rumor spreading model to discuss the control of rumor spreading in emergency," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 522(C), pages 88-97.
    20. Hu, Yuhan & Pan, Qiuhui & Hou, Wenbing & He, Mingfeng, 2018. "Rumor spreading model with the different attitudes towards rumors," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 502(C), pages 331-344.
    21. Li, Dandan & Ma, Jing & Tian, Zihao & Zhu, Hengmin, 2015. "An evolutionary game for the diffusion of rumor in complex networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 433(C), pages 51-58.
    22. Zhang, Zi-li & Zhang, Zi-qiong, 2009. "An interplay model for rumour spreading and emergency development," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 388(19), pages 4159-4166.
    23. Betton, Sandra & Davis, Frederick & Walker, Thomas, 2018. "Rumor rationales: The impact of message justification on article credibility," International Review of Financial Analysis, Elsevier, vol. 58(C), pages 271-287.
    24. Huo, Liang’an & Jiang, Jiehui & Gong, Sixing & He, Bing, 2016. "Dynamical behavior of a rumor transmission model with Holling-type II functional response in emergency event," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 450(C), pages 228-240.
    25. Huo, Liang-an & Huang, Peiqing & Fang, Xing, 2011. "An interplay model for authorities’ actions and rumor spreading in emergency event," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(20), pages 3267-3274.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Edward L. Glaeser & Jose Scheinkman, 2000. "Non-Market Interactions," NBER Working Papers 8053, National Bureau of Economic Research, Inc.
    2. Robin Cowan & William Cowan & G.M. Peter Swann, 2004. "Waves in consumption with interdependence among consumers," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 37(1), pages 149-177, February.
    3. Bell, Ann Maria, 2002. "Locally interdependent preferences in a general equilibrium environment," Journal of Economic Behavior & Organization, Elsevier, vol. 47(3), pages 309-333, March.
    4. Hommes, Cars H., 2006. "Heterogeneous Agent Models in Economics and Finance," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 23, pages 1109-1186, Elsevier.
    5. Sobel, Joel, 2000. "Economists' Models of Learning," Journal of Economic Theory, Elsevier, vol. 94(2), pages 241-261, October.
    6. Conlisk, John & Gong, Jyh-Chyi & Tong, Ching H., 2000. "Imitation and the dynamics of norms," Mathematical Social Sciences, Elsevier, vol. 40(2), pages 197-213, September.
    7. Delli Gatti,Domenico & Fagiolo,Giorgio & Gallegati,Mauro & Richiardi,Matteo & Russo,Alberto (ed.), 2018. "Agent-Based Models in Economics," Cambridge Books, Cambridge University Press, number 9781108400046.
    8. Jakob Grazzini & Domenico Massaro, 2021. "Dispersed information, social networks, and aggregate behavior," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 1129-1148, July.
    9. Hommes, C.H., 2005. "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," CeNDEF Working Papers 05-03, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    10. Lamberson PJ, 2010. "Social Learning in Social Networks," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-33, August.
    11. H. Peyton Young, 2009. "Innovation Diffusion in Heterogeneous Populations: Contagion, Social Influence, and Social Learning," American Economic Review, American Economic Association, vol. 99(5), pages 1899-1924, December.
    12. Dieci, Roberto & Schmitt, Noemi & Westerhoff, Frank H., 2022. "Boom-bust cycles and asset market participation waves: Momentum, value, risk and herding," BERG Working Paper Series 177, Bamberg University, Bamberg Economic Research Group.
    13. Alan Kirman, 2002. "Reflections on interaction and markets," Quantitative Finance, Taylor & Francis Journals, vol. 2(5), pages 322-326.
    14. Yang, J.-H. Steffi, 2009. "Social network influence and market instability," Journal of Mathematical Economics, Elsevier, vol. 45(3-4), pages 257-276, March.
    15. Jérome VICENTE (GRES-LEREPS), 2003. "From interaction economics to economic geography : theories and evidences (In French)," Cahiers du GRES (2002-2009) 2003-02, Groupement de Recherches Economiques et Sociales.
    16. Jakob Grazzini & Domenico Massaro, 2016. "Dispersed Information and the Origins of Aggregate Fluctuations," CESifo Working Paper Series 5957, CESifo.
    17. Mordecai Kurz, 1997. "Social States of Belief and the Determinants of the Equity Risk Premium in A Rational Belief Equilibrium," Working Papers 97026, Stanford University, Department of Economics.
    18. Levy, Moshe, 2005. "Social phase transitions," Journal of Economic Behavior & Organization, Elsevier, vol. 57(1), pages 71-87, May.
    19. Hedlund, Jonas & Oyarzun, Carlos, 2016. "Imitation in Heterogeneous Populations," Working Papers 0625, University of Heidelberg, Department of Economics.
    20. Buechel, Berno & Hellmann, Tim & Klößner, Stefan, 2015. "Opinion dynamics and wisdom under conformity," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 240-257.

    More about this item

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tiu:tiutis:4195bb68-ae50-45ec-9b4b-d6784db3e308. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Richard Broekman (email available below). General contact details of provider: https://www.tilburguniversity.edu/about/schools/economics-and-management/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.