| Title |
The mathematical definition of the bubbles and crashes / |
| Another Title |
Finansinių burbulų ir griūties matematinis nustatymas. |
| Authors |
Dumskis, Valerijonas ; Sakalauskas, Leonidas |
| Full Text |
|
| Is Part of |
Jaunųjų mokslininkų darbai / Šiaulių universitetas.. Šiauliai : Šiaulių universiteto leidykla. 2012, nr. 4, p. 212-217.. ISSN 1648-8776 |
| Keywords [eng] |
Financial bubble ; Crash ; Fundamentalists ; Chartists |
| Abstract [eng] |
We will use the method of detecting financial bubbles or crashes proposed in [6]. This method is based on data fitting with an exponential function. We will apply this method for real estate market data in Lithuania during bubble and crash. The data of real estate prices used here is from the company “Ober-Haus” [8]. We will introduce two kinds of agents, i. e. fundamentalists and chartists, and modify the equation which was proposed in [6], we will try to identify the number of the agents of these groups. |
| Published |
Šiauliai : Šiaulių universiteto leidykla |
| Type |
Journal article |
| Language |
English |
| Publication date |
2012 |
