E-Finance Lab Team
![]() | Prof. Dr. Oliver HeinOrganizations:
Projects:
E-Mail: Send email Homepage: http://www.fh-giessen-friedberg.de |
Oliver Hein ist Professor für Wirtschaftsinformatik mit Schwerpunkt Simulation an der Fachhochschule Giessen Friedberg. Er arbeitete für einige Jahre im Investmentbanking in Deutschland der Schweiz und der USA, bevor er sich 1999 mit einer Beratungsgesellschaft für Unternehmensbeteiligungen selbstständig gemacht hat. Seine Erfahrungen mit dem Verhalten von Investoren an Wertpapiermärkten bringt er jetzt bei der Simulation von Anlegerverhalten ein. Mit Hilfe des von ihm entworfenen Frankfurt Artificial Stock Markets untersucht Oliver Hein Diffusionsprozesse und ihre Auswirkungen auf die Kursbildung an Wertpapiermärkten. |
Publications:
2012
Network Centrality and Stock Market Volatility: The Impact of Communication Topologies on Prices
In: Journal of Finance and Investment Analysis; (1:1)
Category: Publications in scientific journals
Reference No.: 2012-2005
2011
The Status Quo Bias of Bond Market Analysts
In: Journal of Applied Finance and Banking; Bd. 1, H. 1, pp. 31-51
Category: Publications in scientific journals
Reference No.: 2011-1928
2010
Topically Orientated Trend Adjustment and Autocorrelation of the Residuals - An Empirical Investigation of the Forecasting Behavior of Bond Market Analysts in Germany
In: Journal of Money, Investment and Banking; Bd. 14, pp. 16-35
Category: Publications in scientific journals
Reference No.: 2010-1859
2009
The Pessimism of Swiss Bond Market Analysts and the Limits of the Sign Accuracy Test – An Empirical Investigation of Their Forecasting Success Between 1998 and 2007
In: International Bulletin of Business Administration, Bd. 4, 2009, pp. 6-19
Category: Publications in scientific journals
Reference No.: 2009-1459
2008
Anchoring Near the Lighthouse: Bond Market Analysts’ Behavior Co-ordination by External Signal
In: European Journal of Economics, Finance and Administrative Sciences, Bd. 13, 2008, pp. 169-191
Category: Publications in scientific journals
Reference No.: 2008-1442
Forecasting the past: The case of U.S. interest rate forecasts
In: Financial Markets and Portfolio Management; Spinger, Heidelberg
Category: Publications in scientific journals
Reference No.: 2008-1059
Evaluation of the Frankfurt Artificial Stock Market Order Book
In: International Conference on Economic Science with Heterogeneous Interacting Agents 2008; Warsaw University of Technology
Category: Proceedings
Reference No.: 2008-1013
Network Centrality and Stock Market Volatility: The Impact of Communication Topologies on Prices
In: Chair of Business Administration, esp. Information Systems; JWG University Frankfurt
Category: Working papers [Password Protected Download] (Please contact the author)

Reference No.: 2008-900
2007
Die Währungs-, Anleihen- und Aktienmarktprognosen des Zentrums für Europäische Wirtschaftsforschung – Eine empirische Untersuchung des Prognoseerfolges von 1995 bis 2004
In: AStA – Wirtschafts- und Sozialstatistisches Archiv, Bd. 1, H. 1, 2007, pp. 43-52
Category: Publications in journals
Reference No.: 2007-1081
Frankfurt Artificial Stock Market: A Microscopic Stock Market Model with Heterogeneous Interacting Agents in Small-World Communication Networks
In: Journal of Economic Interaction and Coordination (JEIC); Spinger, Heidelberg
Category: Publications in scientific journals

Reference No.: 2007-831
Herding and Threshold Behavior within a Microscopic Stock Market
In: Workshop on Heterogeneous Agent Systems and Complex Networks (European Conference on Complex Systems, ECCS 2007); Dresden
Category: Proceedings
Reference No.: 2007-770
Network Centrality and Stock Market Volatility: The Impact of Communication Topologies on Prices
In: Econophysics Colloquium and Beyond; Ancona, Italy
Category: Proceedings
Reference No.: 2007-633
A Microscopic Stock Market Model with Heterogeneous Interacting Agents in Small-World Communication Networks
In: Chair of Business Administration, esp. Information Systems; JWG University Frankfurt
Category: Working papers [Password Protected Download] (Please contact the author)
Reference No.: 2007-595
2006
Informational Cascades: A Mirage?
In: Journal of Economic Behavior and Organization
Category: Publications in scientific journals [Password Protected Download] (Please contact the author)
Reference No.: 2006-447
Scale-free Networks: The Impact of Fat Tailed Degree Distribution on Diffusion and Communication Processes
In: Wirtschaftsinformatik, 48 (4); Wiesbaden
Category: Publications in scientific journals

Reference No.: 2006-297
Die Währungs-, Anleihen- und Aktienmarktprognosen des Zentrums für Europäische Wirtschaftsforschung: Eine empirische Untersuchung des Prognoseerfolges von 1995 bis 2004
In: Allgemeines Statistisches Archiv (Journal of the German Statistical Society)
Category: Publications in journals [Password Protected Download] (Please contact the author)
Reference No.: 2006-108
A Microscopic Currency Market Model with a modified Tobin Tax
In: Proceedings of 1st International Conference on Economic Sciences with Heterogeneous Interacting Agents, WEHIA 2006; Bologna, Italy
Category: Proceedings

Reference No.: 2006-95
2005
Informational Cascades in the Laboratory: Are These Merely a Fata Morgana?
In: Wolfsburg Working Papers; Fachhochschule Braunschweig / Wolfenbüttel
Category: Working papers

Reference No.: 2005-299
Anchoring Near the Lighthouse: Bond Market Analysts’ Behavior Co-ordination by External Signal
In: Wolfsburg Working Papers; Fachhochschule Braunschweig / Wolfenbüttel
Category: Working papers

Reference No.: 2005-298
Forecasting the Past: The Case of US-American Interest Rate Forecasts
In: Wolfsburg Working Papers; Wolfsburg University of Applied Sciences
Category: Working papers

Reference No.: 2005-179
A Microscopic Stock Market Model with Heterogeneous Interacting Agents in a Scale-Free Communication Network
In: 10th Annual Workshop on Economic Heterogeneous Interacting Agents (WEHIA 2005); Essex, UK
Category: Proceedings [Password Protected Download] (Please contact the author)
Reference No.: 2005-77
Standardisierte Mikrosimulation eines Kapitalmarktes mit scale-free Netzwerken
In: 7. Internationale Tagung Wirtschaftsinformatik; Bamberg
Category: Proceedings
Reference No.: 2005-12
2004
A Microscopic Stock Market Model with Heterogenoeus Interacting Agents in a Contagious Scale-Free Network
In: IWI-Working Paper in FINACE; IWI-Frankfurt
Category: Working papers [Password Protected Download] (Please contact the author)

Reference No.: 2004-121
Presentations:
2008
21. June | Evaluation of the Frankfurt Artificial Stock Market Order Book In: 3st International Conference on Economic Sciences with Heterogeneous Interacting Agents (ESHIA'08); Warsaw, Poland |
02. February | Kommunikations-Netzwerk-Topologie und Marktverhalten In: Forschungskolloquium; Würzburg |
21. January | Network Centralization and Stock Market Volatility: The Spatial Dimension of Trading In: Jour Fixe am Fraunhofer Institut für Techno- und Wirtschaftsmathematik; Kaiserslautern |
2007
04. October | Network Centralization and Agent Type Performance: The Introduction of Retail Agents to the Frankfurt Artificial Stock Market In: European Conference on Complex Systems 2007; Dresden |
2006
18. December | Netzwerkeffekte dynamischer Preisbildungsprozesse am Beispiel des Frankfurt Artificial Stock Markets (FASM) In: Vortrag an der FH; Wolfsburg |
16. June | The Effectiveness of the Tobin-Cum-Circuit-Breaker-Tax within a Currency Market Simulation Model In: 1st International Conference on Economic Sciences with Heterogeneous Interacting Agents, ESHIA 06; Bologna, Italy |
25. March | Netzwerkeffekte dynamischer Preisbildungsprozesse am Beispiel des Frankfurt Artificial Stock Markets (FASM) In: Forschungskolloquium; König/Heinzel/Buxmann/Wendt; Roßdorf bei Darmstadt |
2005
13. June | Scale-Free Communication Networks within a Microscopic Stock Market In: 10th Annual Workshop on Economic Heterogeneous Interacting Agents (WEHIA 2005); Essex, UK |
04. April | Netzwerkeffekte dynamischer Preisbildungsprozesse In: Jour Fixe, Institut für Wirtschaftsinformatik; Frankfurt ![]() |
25. February | Standardisierte Mikrosimulation eines Kapitalmarktes mit scale-free Netzwerken und Informationsansteckung In: 7. Internationale Tagung für Wirtschaftsinformatik; Bamberg |
