An Agent-Based Model of a Pricing Process with Power Law, Volatility Clustering, and Jumps

Figure 6

Simulation results of price series and value series under different thresholds. (a) The trajectory of price and value with a threshold of 1.5. (b) The trajectory of price and value with a threshold of 2. (c) The trajectory of price and value with a threshold of 2.5. (d) The trajectory of price and value with a threshold of 3.

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