"It’s exciting to see that online search data may give us new insight into how humans gather information before making decisions — a process which was previously very difficult to measure."
Dr. Preis added: "We are generating gigantic amounts of data through our everyday interactions with technology. This is opening up fascinating new possibilities for a new interdisciplinary 'computational social science'."
The study was developed as part of the IARPA Open Source Indicators program which aims to develop methods for continuous, automated analysis of publicly available data in order to anticipate significant societal events.
"This work illustrates the insight that publicly available data can provide to identify early warning signals of emerging events in the world," said Jason Matheny, programme manager of the Open Source Indicators programme at IARPA.
Click here to see a graph plotting the trading strategy of the Google search term 'debt'.
Click here to see a graph of the Google search terms used and their effectiveness as a trading strategy.
Find out more
To read the paper Quantifying Trading Behavior in Financial Markets click here.
Pages: 1 · 2
More Articles
- Facing Financial Ruin as Costs Soar for Elder Care
- Supreme Court Surprises The Public in LGBTQ Ruling: What is Sex Discrimination?
- COVID19 Research Sources From the Federal Reserve Banks Including The Black Death in the Malthusian Economy Article
- Help From a Familiar (and revamped) Government Resource: Consumer Financial Protection Bureau Resources For Consumers During Covid-19 Pandemic
- "Fed Listens", How Does Monetary Policy Affect Your Community? "Our goal is to keep inflation around 2 percent over time"
- GAO: A Comprehensive Re-evaluation Needed to Better Promote Future Retirement Security
- Federal Reserve Speech by Lael Brainard: What Are We Learning about Artificial Intelligence in Financial Services?
- Another Turbulent Day on the Market: Three Reasons to Do Nothing
- Listen to What the Concerned Scientists Union States: Hurricane Michael Threatened Gulf Coast Homes and Military Bases: Update: Thomson Reuters Foundation Film: Home Beyond the Water
- Seth Frotman: *Broken Promises: How Debt-Financed Higher Education Rewrote America's Social Contract and Fueled a Quiet Crisis