{"id":"https://openalex.org/W2989797174","doi":"https://doi.org/10.1007/978-3-030-36683-4_43","title":"A Partially Rational Model for Financial Markets: The Role of Social Interactions on Herding and Market Inefficiency","display_name":"A Partially Rational Model for Financial Markets: The Role of Social Interactions on Herding and Market Inefficiency","publication_year":2019,"publication_date":"2019-11-25","ids":{"openalex":"https://openalex.org/W2989797174","doi":"https://doi.org/10.1007/978-3-030-36683-4_43","mag":"2989797174"},"language":"en","primary_location":{"id":"doi:10.1007/978-3-030-36683-4_43","is_oa":false,"landing_page_url":"https://doi.org/10.1007/978-3-030-36683-4_43","pdf_url":null,"source":{"id":"https://openalex.org/S2764461748","display_name":"Studies in computational intelligence","issn_l":"1860-949X","issn":["1860-949X","1860-9503"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Studies in Computational Intelligence","raw_type":"book-chapter"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5081846083","display_name":"Lorenzo Giannini","orcid":null},"institutions":[{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Lorenzo Giannini","raw_affiliation_strings":["Department of Electrical Engineering and Information Technology, University of Naples Federico II, Via Claudio 21, 80125, Naples, Italy","Department of Electrical Engineering and Information Technology, University of Naples Federico II, Naples, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering and Information Technology, University of Naples Federico II, Via Claudio 21, 80125, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]},{"raw_affiliation_string":"Department of Electrical Engineering and Information Technology, University of Naples Federico II, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5078340993","display_name":"Fabio Della Rossa","orcid":"https://orcid.org/0000-0002-7073-5358"},"institutions":[{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]},{"id":"https://openalex.org/I93860229","display_name":"Politecnico di Milano","ror":"https://ror.org/01nffqt88","country_code":"IT","type":"education","lineage":["https://openalex.org/I93860229"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Fabio Della Rossa","raw_affiliation_strings":["Department of Electrical Engineering and Information Technology, University of Naples Federico II, Via Claudio 21, 80125, Naples, Italy","Politecnico di Milano, Piazza Leonardo da Vinci 32, 20133, Milano, Italy","Department of Electrical Engineering and Information Technology, University of Naples Federico II, Naples, Italy","Politecnico di Milano, Milano, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering and Information Technology, University of Naples Federico II, Via Claudio 21, 80125, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]},{"raw_affiliation_string":"Politecnico di Milano, Piazza Leonardo da Vinci 32, 20133, Milano, Italy","institution_ids":["https://openalex.org/I93860229"]},{"raw_affiliation_string":"Department of Electrical Engineering and Information Technology, University of Naples Federico II, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]},{"raw_affiliation_string":"Politecnico di Milano, Milano, Italy","institution_ids":["https://openalex.org/I93860229"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5067896804","display_name":"Pietro De Lellis","orcid":"https://orcid.org/0000-0002-2656-6454"},"institutions":[{"id":"https://openalex.org/I71267560","display_name":"University of Naples Federico II","ror":"https://ror.org/05290cv24","country_code":"IT","type":"education","lineage":["https://openalex.org/I71267560"]}],"countries":["IT"],"is_corresponding":true,"raw_author_name":"Pietro DeLellis","raw_affiliation_strings":["Department of Electrical Engineering and Information Technology, University of Naples Federico II, Via Claudio 21, 80125, Naples, Italy","Department of Electrical Engineering and Information Technology, University of Naples Federico II, Naples, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering and Information Technology, University of Naples Federico II, Via Claudio 21, 80125, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]},{"raw_affiliation_string":"Department of Electrical Engineering and Information Technology, University of Naples Federico II, Naples, Italy","institution_ids":["https://openalex.org/I71267560"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5067896804"],"corresponding_institution_ids":["https://openalex.org/I71267560"],"apc_list":null,"apc_paid":null,"fwci":1.4318,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.86193463,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":null,"issue":null,"first_page":"535","last_page":"546"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12592","display_name":"Opinion Dynamics and Social Influence","score":0.9861000180244446,"subfield":{"id":"https://openalex.org/subfields/3109","display_name":"Statistical and Nonlinear Physics"},"field":{"id":"https://openalex.org/fields/31","display_name":"Physics and Astronomy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10064","display_name":"Complex Network Analysis Techniques","score":0.9758999943733215,"subfield":{"id":"https://openalex.org/subfields/3109","display_name":"Statistical and Nonlinear Physics"},"field":{"id":"https://openalex.org/fields/31","display_name":"Physics and Astronomy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/herding","display_name":"Herding","score":0.8505064249038696},{"id":"https://openalex.org/keywords/inefficiency","display_name":"Inefficiency","score":0.6850859522819519},{"id":"https://openalex.org/keywords/trend-following","display_name":"Trend following","score":0.5759693384170532},{"id":"https://openalex.org/keywords/financial-market","display_name":"Financial market","score":0.5582122206687927},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.5283021926879883},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.4989895820617676},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.46347129344940186},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.44539737701416016},{"id":"https://openalex.org/keywords/herd-behavior","display_name":"Herd behavior","score":0.4430955946445465},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.3950708210468292},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.389466255903244},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3697136640548706},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.281746506690979},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.10633277893066406}],"concepts":[{"id":"https://openalex.org/C177605951","wikidata":"https://www.wikidata.org/wiki/Q1484503","display_name":"Herding","level":2,"score":0.8505064249038696},{"id":"https://openalex.org/C2778869765","wikidata":"https://www.wikidata.org/wiki/Q6028363","display_name":"Inefficiency","level":2,"score":0.6850859522819519},{"id":"https://openalex.org/C186797051","wikidata":"https://www.wikidata.org/wiki/Q60738868","display_name":"Trend following","level":2,"score":0.5759693384170532},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5582122206687927},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5283021926879883},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.4989895820617676},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.46347129344940186},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.44539737701416016},{"id":"https://openalex.org/C102235558","wikidata":"https://www.wikidata.org/wiki/Q1609678","display_name":"Herd behavior","level":3,"score":0.4430955946445465},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3950708210468292},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.389466255903244},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3697136640548706},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.281746506690979},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.10633277893066406},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C97137747","wikidata":"https://www.wikidata.org/wiki/Q38112","display_name":"Forestry","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/978-3-030-36683-4_43","is_oa":false,"landing_page_url":"https://doi.org/10.1007/978-3-030-36683-4_43","pdf_url":null,"source":{"id":"https://openalex.org/S2764461748","display_name":"Studies in computational intelligence","issn_l":"1860-949X","issn":["1860-949X","1860-9503"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Studies in Computational Intelligence","raw_type":"book-chapter"},{"id":"pmh:oai:re.public.polimi.it:11311/1141813","is_oa":false,"landing_page_url":"http://hdl.handle.net/11311/1141813","pdf_url":null,"source":{"id":"https://openalex.org/S4306400312","display_name":"Virtual Community of Pathological Anatomy (University of Castilla La Mancha)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I79189158","host_organization_name":"University of Castilla-La Mancha","host_organization_lineage":["https://openalex.org/I79189158"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/bookPart"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":28,"referenced_works":["https://openalex.org/W14959745","https://openalex.org/W625372014","https://openalex.org/W1489293997","https://openalex.org/W1914027636","https://openalex.org/W1963990042","https://openalex.org/W2016651868","https://openalex.org/W2048324994","https://openalex.org/W2050445943","https://openalex.org/W2067331479","https://openalex.org/W2076585926","https://openalex.org/W2131773668","https://openalex.org/W2132363418","https://openalex.org/W2133756959","https://openalex.org/W2139879033","https://openalex.org/W2142831149","https://openalex.org/W2149386970","https://openalex.org/W2152762434","https://openalex.org/W2157509758","https://openalex.org/W2279095126","https://openalex.org/W2402133709","https://openalex.org/W2587934611","https://openalex.org/W2949346072","https://openalex.org/W3099910679","https://openalex.org/W3123880662","https://openalex.org/W3124305668","https://openalex.org/W3125948809","https://openalex.org/W3126069892","https://openalex.org/W4231546411"],"related_works":["https://openalex.org/W2391294282","https://openalex.org/W3009415710","https://openalex.org/W2724416953","https://openalex.org/W3124945637","https://openalex.org/W2364704484","https://openalex.org/W1489293997","https://openalex.org/W2344501212","https://openalex.org/W1776911510","https://openalex.org/W2782667201","https://openalex.org/W4235959876"],"abstract_inverted_index":null,"counts_by_year":[{"year":2020,"cited_by_count":1}],"updated_date":"2026-08-04T08:18:43.703281","created_date":"2025-10-10T00:00:00"}