Analysis of the influence of investment strategies of stock investors on the industry - Artificial stock market simulation

• Project/Area Number: 23730390
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Business administration
• Research Institution: Kyoto College of Graduate Studies for Informatics
• Principal Investigator: LEE Hao 京都情報大学院大学, その他の研究科, 准教授 (20411332)
• Project Period (FY): 2011 – 2013
• Project Status: Completed (Fiscal Year 2013)
• Budget Amount: ¥3,120,000 (Direct Cost: ¥2,400,000、Indirect Cost: ¥720,000); Fiscal Year 2013: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000); Fiscal Year 2012: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000); Fiscal Year 2011: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
• Keywords: 人工株式市場 / 投資尺度 / エージェントベースシミュレーション / 財務諸表 / 財務諸表ベース / 人工市場 / 株式市場 / エージェントベース / シミュレーション

Research Abstract

In this study, we design a financial statements model of enterprises. Not only technical analysis but also fundamental analysis will be implement as measures of investments in our model. We will clear up "how trading strategies of investor agents in the artificial market influence business managements" in our agent based model.
As the results, the good stock markets are 1. Investors are rich in diversity. 2. Stable stock price. 3. Percentage of investors pay attentions on track record is high enough. 4. Number of individual investors is enough.

Research Products

• [Journal Article] 企業経営に寄与する株主の取引戦略と株式市場 -株式市場と財市場が併存するエージェントベースシミュレーション- (2014)
  • Author(s): 李皓
  • Journal Title: 社会・経済システム Volume: 35
  • NAID: 130007923597
  • Peer Reviewed
• [Journal Article] Does Stock Market Contribute to the Growth of Company? -An Agent-Based Simulation of Industrial Model in which Stock Markets and Goods Markets Exist- (2014)
  • Author(s): Hao Lee
  • Journal Title: Agent-Based Approaches in Economic and Social Complex Systems VIII Post-Proceedings of The AESCS International Workshop 2013 Volume: 8
  • Peer Reviewed
• [Journal Article] Does Stock Market Contribute to the Growth of Company? -An Agent-Based Simulation of Industrial Model in which Stock Markets and Goods Markets Exist-
  • Author(s): Hao Lee
  • Journal Title: Agent-Based Approaches in Economic and Social Complex System VIII Post-Proceedings of The AESCS International Workshop 2013 Volume: Vol.8 (掲載確定,編集中のためページ数未定)
  • Peer Reviewed
• [Journal Article] 企業経営に寄与する取引戦略と株式市場 -株式市場と財市場が併存するエージェントベースシミュレーション-
  • Author(s): 李 皓
  • Journal Title: 社会・経済システム Volume: Vol.35 (掲載内定、編集中のためページ数未定)
  • Peer Reviewed
• [Presentation] Does A Stock Market Contribute to the Growth of Companies? - An Agent-Based Simulation of Industrial Model in which Stock Markets and Goods Markets Exist - (2013)
  • Author(s): Hao Lee
  • Organizer: The 8th International Workshop on Agent-based Approaches in Economic and Social Complex Systems
  • Place of Presentation: Shibaura Institute of Technology, Tokyo, Japan
• [Presentation] 株式市場は企業の成長に寄与するか？ 株式市場と財市場が存在する産業モデルの エージェントベースシミュレーション (2013)
  • Author(s): 李 皓
  • Organizer: 社会・経済システム学会 第32回大会
  • Place of Presentation: 京都産業大学
• [Presentation] 株式市場は企業の成長に寄与するか？ 株式市場と財市場が存在する産業モデルの エージェントベースシミュレーション (2013)
  • Author(s): 李 皓
  • Organizer: 進化経済学会
  • Place of Presentation: 中央大学
• [Presentation] 株式市場は企業の成長に寄与するか?株式市場と財市場が存在する産業モデルのエージェントベースシミュレーション
  • Author(s): 李 皓
  • Organizer: 進化経済学会第17回大会
• [Presentation] Does A Stock Market Contribute to the Growth of Companies? - An Agent-Based Simulation of Industrial Model in which Stock Markets and Goods Markets Exist -
  • Author(s): Hao Lee
  • Organizer: The 8th International Workshop on Agent-based Approaches in Economic and Social Complex Systems
• [Presentation] 株主の取引行動が企業運営に与える影響の分析-株式市場と財市場が併存するエージェントベースシミュレーション-
  • Author(s): 李 皓
  • Organizer: 社会・経済システム学会第32回大会