The Influence of Confidence and Social Networks on an Agent-Based Model of Stock Exchange

Figure 5

Strategy Dynamics (fundamentalist–red, random–blue, and chartist–green) analyzed in the networks: (a) Barabási, (b) random, and (c) small-world. The dynamics are translated in terms of the fraction or percentage of agents that adopt one of the three strategies and vary each from 0% (no agent adopts the strategy) to 100% (all agents adopt the same strategy).

(a)

(b)

(c)