【摘要】 首先对DHS模型进行适度改进。然后解释改进后的DHS模型中投资者的市场行为特征,得出基于噪声私人信息的交易行为对股市有助涨助跌效应。最后尝试给出噪声交易行为下投资者的损失风险函数,对噪声交易者起到风险警示作用。更多还原

【Abstract】 First the DHS model based on previous studies is improved;and then explained the improved DHS model characteristics of market behavior of investors,obtained private information based on the trading behavior of the noise on the stock market has increased the up-down effect.Finally,the noise trading behavior of investors under the risk of loss function is tried to give,played a noise trader risk warning.更多还原