Research Article
Media Sentiment, Government Supervision Strategy, and Stock Price Fluctuation Risk
Table 1
Benchmark values of parameters.
| Parameter | Description | Benchmark value | Range of value |
| | The probability that infectious stocks spread stock price fluctuation risk under the influence of media sentiment | 0.3 | [0, 1] | | The probability that infectious stocks spread stock price fluctuation risk under the influence of government supervision strategy | 0.2 | [0, 1] | | The probability of susceptible stocks changing into recovered stocks directly | 0.2 | [0, 1] | | The probability of infectious stocks changing into recovered stocks | 0.2 | [0, 1] | | The probability of new stocks entering the stock market | 0.1 | [0, 1] | | The probability of stocks exiting stock market | 0.1 | [0, 1] | | The number of susceptible stocks entering the stock market in each time period | 20 | Positive integer | | The number of related relationships in each newly added susceptible stock | 20 | Positive integer | | Probability of association between susceptible stocks and existing infectious stocks by random connection | 0.2 | [0, 1] | | Degree of existing stocks | 500 | Positive integer | | The total number of stocks in stock association network | 500 | Positive integer | | Media sentiment tendency | 0.4 | [0, 1] | | Media sentiment intensity | 0.3 | [0, 1] | | Media attention persistence | 0.2 | [0, 1] | | Government supervision strength | 0.3 | [0, 1] | | Government supervision persistence | 0.2 | [0, 1] | | Government supervision timeliness | 0.1 | [0, 1] | | Market noise | 0.3 | [0, 1] | | The comprehensive contagion rate of stock price fluctuation risk under the interaction of media sentiment and government supervision strategy | ā | [0, 1] |
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