Trade Phase Transition

Zhenying Wang ()
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Zhenying Wang: Shanghai Gold Exchange

Chapter Chapter 20 in Trading Economics, 2024, pp 437-451 from Springer

Abstract: Abstract The distribution of states among agents on the trading network is crucial to the operation of the trading system. Factors determining the state of an agent include both its own reasons and external causes generated by the links in the trading network. On the trading network, the synchronization of states creates economic cycles; the dispersion of states forms transitory equilibrium situations.

Date: 2024
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DOI: 10.1007/978-981-99-9875-3_20

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