The Relationship between Emotion and Market Volatility

Project Details

Description

Funded by Japan Society for the Promotion of Science (JSPS): JPY 17,030,000
In this study, we examine the trading characteristics of traders derived from the
relation between serotonin transporter gene and emotion, and verify the difference between the interregional characteristics of the short - term fluctuation of asset price on the basis of the result. To compare asset price fluctuation characteristics between regions (markets), use the same asset traded in all markets, USD / JPY rate. Also, in collaboration with overseas research collaborators, we conduct experiments in USA, UK, Italy, Australia and Hong Kong. In addition, using artificial markets, we clarify the price fluctuation characteristics in the market where the ratio of agents with transaction characteristics (emotion, transaction behaviour) similar to serotonin transporter gene ss type hypothetically changed market. Through comparing the results of the agent simulation with actual measurement data obtained from the international comparison study, we clarify the relationship between the serotonin
transporter gene, emotion, investment behaviour, and property fluctuation
characteristics of each market.
StatusFinished
Effective start/end date1/04/1831/12/22

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