Evidence map›Paper›PMID 37190345›Full record

ArticleEntropy (Basel, Switzerland)2023

Noise and Financial Stylized Facts: A Stick Balancing Approach.

Alessio Emanuele Biondo, Laura Mazzarino, Alessandro Pluchino

Abstract read
In one paragraph

Article in Entropy (Basel, Switzerland), 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

3 authors.

Alessio Emanuele BiondoDepartment of Economics and Business, University of Catania, 95129 Catania, Italy.
Laura MazzarinoDepartment of Physics and Astronomy, University of Catania, 95123 Catania, Italy.
Alessandro PluchinoDepartment of Physics and Astronomy, University of Catania and INFN-Section of Catania, 95123 Catania, Italy.ORCID 0000-0001-9368-5800

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

In this work, we address the beneficial role of noise in two different contexts, the human brain and financial markets. In particular, the similitude between the ability of financial markets to maintain in equilibrium asset prices is compared with the ability of the human nervous system to balance a stick on a fingertip. Numerical simulations of the human stick balancing phenomenon show that after the introduction of a small quantity of noise and a proper calibration of the main control parameters, intermittent changes in the angular velocity of the stick are able to reproduce the most basilar stylized facts involving price returns in financial markets. These results could also shed light on the relevance of the idea of the "planetary nervous system", already introduced elsewhere, in the financial context.

Indexed as

beneficial role of noisefinancial marketshuman stick balancingplanetary nervous system

Identifiers

PMID37190345
PMCPMC10137385

What OpenQuestion holds

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Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.