Open AccessSIMULATION ANALYSIS OF THE WEEKEND EFFECT'S PROBLEM
Author(s) -
Boris Frenkel,
Dmitry Alberg,
Ilia Frenkel
Publication year - 2004
Publication title -
journal of business economics and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.485
H-Index - 37
eISSN - 1611-1699
pISSN - 2029-4433
DOI - 10.3846/16111699.2004.9636073
Subject(s) - weekend effect , queueing theory , stock (firearms) , operations research , computer science , econometrics , stock exchange , economics , simulation , mathematics , engineering , finance , computer network , medicine , mechanical engineering , emergency medicine
The proposed paper uses the simulation approach to the analysis of the model, which explains the essence of the ‘Weekend Effect’ existing on the world's stock exchanges. This effect contains the difference of the daily working ratio between Saturday and Monday. The stock market is considered as the Queuing System functioning according to the Matchmaker concept.