ABM开辟了经济金融及管理复杂决策研究的新途径。建立ABM模型,研究投资者情绪与投资决策之间的内在传导机制。通过在模型中引入异质性的情绪因子,对投资者决策行为受投资情绪的影响以及由此引起的金融市场波动进行分析,并采用MATLAB软件对所建立的理论模型进行模拟。模拟结果表明:投资者情绪的波动与金融市场非理性泡沫之间的内在关联显著,并据此提出在投资决策中采取反向调控情绪的投资策略是有效的。
ABM has opened up new ways of economic finance and management of complex decision- making research. This article constructs an ABM model to analyze the inherent mechanism between investor sentiment and investment decisions. Based on heterogeneous investor sentiment, an ABM model is established to find out how the investor sentiment can influence the investment decision and financial market volatility, and use MATLAB software to simulate the theoretical model. The result shows that there is inner link between investor sentiment and irrational bubble. Thus it concludes that the investment strategy of counter-regulation moods is effective.