2010/07/09 by Dario Maldarella, Lorenzo Pareschi, Maldarella, Dario +1
Economics, Econometrics and Finance · Physics and Astronomy · #35Q20 #35Q84 #82C40 #Complex Systems and Time Series Analysis #FOS: Economics and business #FOS: Physical sciences #Market Dynamics and Volatility #Opinion Dynamics and Social Influence #Statistical Finance (q-fin.ST) #Statistical Mechanics (cond-mat.stat-mech) #Trading and Market Microstructure (q-fin.TR) #cond-mat.stat-mech #msc:35Q20 #msc:35Q84 #msc:82C40 #q-fin.ST #q-fin.TR
paper · pdf · doi:10.48550/arxiv.1007.1631
arxiv created 2010/07/09 · openalex publication_date 2010/07/09 · arxiv updated 2010/07/12 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
The use of kinetic modelling based on partial differential equations for the dynamics of stock price formation in financial markets is briefly reviewed. The importance of behavioral aspects in market booms and crashes and the role of agents' heterogeneity in emerging power laws for price distributions is emphasized and discussed.