【摘要】 在股票市场中 ,价格是围绕其内在价值上下波动的 ,而且价格的变化又取决于供求关系的影响 .本文运用系统动力学的方法 ,分析了供给、需求和价格的反馈回路 ,在此基础上 ,建立了以供、需和价格为变量的动力学模型 ,并运用模型分析了股票市场泡沫发生及破灭的机理更多还原

【Abstract】 In Stock Markets, the price is fluctuating around its fundamental value. At the same time, the Price changes when demand or supply change. In this paper, we discussed the feedback loop of demand/supply and price through dynamical method, and built a dynamical model of demand/supply and price. Finally, the model was used to explain the mechanism of the emergence and fragmentation of the bubble in stock market.更多还原