Research Article
The Hesitation of Anxious Traders in an Agent-Based Model
Table 5
Skewness and kurtosis of returns. Note: This table reports the outcomes of reproducing fat-tailed returns using the parameters from Zhu et al. [35] and Amilon [82]. The skewness and kurtosis of returns are calculated, respectively, in rational and irrational scenarios. d suggests the degree of behavioral hesitation and decision rigidity of the anxious agent.
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