Financial Innovation (Jan 2021)

Opinion dynamics in finance and business: a literature review and research opportunities

  • Quanbo Zha,
  • Gang Kou,
  • Hengjie Zhang,
  • Haiming Liang,
  • Xia Chen,
  • Cong-Cong Li,
  • Yucheng Dong

DOI
https://doi.org/10.1186/s40854-020-00211-3
Journal volume & issue
Vol. 6, no. 1
pp. 1 – 22

Abstract

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Abstract Opinion dynamics is an opinion evolution process of a group of agents, where the final opinion distribution tends to three stable states: consensus, polarization, and fragmentation. At present, the opinion dynamics models have been extensively studied in differrent fields. This paper provides a review of opinion dynamics in finance and business, such as, finance, marketing, e-commerce, politics, and group decision making. Furthermore, identified research challenges have been proposed to promote the future research of this topic.

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