{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2024,6,18]],"date-time":"2024-06-18T08:22:52Z","timestamp":1718698972703},"reference-count":15,"publisher":"World Scientific Pub Co Pte Lt","issue":"08","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Int. J. Bifurcation Chaos"],"published-print":{"date-parts":[[2009,8]]},"abstract":"<jats:p> We develop an asset pricing model based on the interaction of heterogeneous trading groups. In addition to the two main trader groups, fundamentalists and trend-chasing chartists, we include a third significant group known as contrarian chartists. We model the case of opportunistic contrarian behavior, where the contrarian group disagrees with the trend-chasing chartists only when the return differential is high. We also consider absolute contrarian behavior, in which the contrarians consistently disagree with trend-chasers. The models are nonlinear planar maps, exhibiting period doubling, Neimark\u2013Sacker and global bifurcations leading to local chaotic behavior. Absolute contrarian behavior is found to have a moderating effect on price change, while opportunistic contrarian behavior is found to further complicate the price cycles present in other models. <\/jats:p>","DOI":"10.1142\/s0218127409024244","type":"journal-article","created":{"date-parts":[[2009,11,3]],"date-time":"2009-11-03T11:10:49Z","timestamp":1257246649000},"page":"2463-2472","source":"Crossref","is-referenced-by-count":1,"title":["EFFECTS OF CONTRARIAN INVESTOR TYPE IN ASSET PRICE DYNAMICS"],"prefix":"10.1142","volume":"19","author":[{"given":"NATASHA","family":"KIRBY","sequence":"first","affiliation":[{"name":"Department of Applied Mathematics, University of Western Ontario, London, ON, Canada N6A 5B7, Canada"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"ANDREW","family":"FOSTER","sequence":"additional","affiliation":[{"name":"Department of Mathematics and Statistics, Memorial University of Newfoundland, St. John's, NL, Canada A1C 5S7, Canada"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"219","published-online":{"date-parts":[[2011,11,20]]},"reference":[{"key":"rf1","doi-asserted-by":"publisher","DOI":"10.2307\/2171879"},{"key":"rf2","doi-asserted-by":"publisher","DOI":"10.1016\/S0165-1889(98)00011-6"},{"key":"rf3","doi-asserted-by":"publisher","DOI":"10.1016\/j.jmateco.2004.02.002"},{"key":"rf5","doi-asserted-by":"publisher","DOI":"10.1155\/S1026022601000103"},{"key":"rf6","doi-asserted-by":"publisher","DOI":"10.1088\/1469-7688\/1\/5\/303"},{"key":"rf7","doi-asserted-by":"publisher","DOI":"10.1023\/A:1014957310778"},{"key":"rf9","volume":"88","author":"Chiarella C.","journal-title":"Comput. Econ. Fin."},{"key":"rf10","doi-asserted-by":"publisher","DOI":"10.1016\/S0167-2681(02)00066-5"},{"key":"rf11","volume":"222","author":"Chiarella C.","journal-title":"Comput. Econ. Fin."},{"key":"rf12","first-page":"503","volume":"7","author":"Chiarella C.","journal-title":"Macroecon. Dyn."},{"key":"rf13","doi-asserted-by":"publisher","DOI":"10.1016\/j.jedc.2005.10.011"},{"key":"rf14","volume-title":"Contrarian Investing","author":"Gallea A. M.","year":"1998"},{"key":"rf15","doi-asserted-by":"publisher","DOI":"10.1007\/978-1-4757-3978-7"},{"key":"rf16","doi-asserted-by":"publisher","DOI":"10.1017\/CBO9780511754050"},{"key":"rf17","doi-asserted-by":"publisher","DOI":"10.1155\/DDNS.2005.19"}],"container-title":["International Journal of Bifurcation and Chaos"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.worldscientific.com\/doi\/pdf\/10.1142\/S0218127409024244","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,8,7]],"date-time":"2019-08-07T14:55:40Z","timestamp":1565189740000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.worldscientific.com\/doi\/abs\/10.1142\/S0218127409024244"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2009,8]]},"references-count":15,"journal-issue":{"issue":"08","published-online":{"date-parts":[[2011,11,20]]},"published-print":{"date-parts":[[2009,8]]}},"alternative-id":["10.1142\/S0218127409024244"],"URL":"https:\/\/doi.org\/10.1142\/s0218127409024244","relation":{},"ISSN":["0218-1274","1793-6551"],"issn-type":[{"value":"0218-1274","type":"print"},{"value":"1793-6551","type":"electronic"}],"subject":[],"published":{"date-parts":[[2009,8]]}}}