Trading activity on social trading platforms – a behavioral approach*

Generic Trading Servivce in Telecommunication Platforms

Telecommunication companies are currently deening a Telecommunications Information Networking Architecture (TINA) to meet the future demands of electronic markets. As part of those standardization eeorts generic services are being deened. We demonstrate how a knowledge{based approach using conceptual graphs helps to develop a generic service for mediation of services. The prototype of a knowled...

Distribution of Trading Activity

There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on international trade. With a new estimation strategy, we analyze this relationship taking a look at the distribution of countries’ trading activity. Using a panel quantile estimation framework from Powell (2014), we find a stronger relationship at the lower quantiles, especially for t...

Information Trading in Social Networks

This paper considers information trading in fixed networks of economic agents who can only observe and trade with other agents with whom they are directly connected. We study the nature of price competition for information in this environment. The linear network, when the agents are located at the integer points of the real line, is a specific example I completely characterize. For the linear n...

Weak Insider Trading and Behavioral Finance

In this paper, we study the optimal portfolio selection problem of weakly informed traders in the sense of Baudoin [1]. Instead of considering only expected utility maximizers, we also take into consideration different preference paradigms. In particular, we analyze a representative agent who follows the tenets of cumulative prospect theory as developed by Kahneman and Tversky [15], together wi...

Trading Partners and Trading Volumes∗