[1010.3003] Twitter mood predicts the stock market

Via Scoop.itTeaching Economics

“Behavioral economics tells us that emotions can profoundly affect individual behavior and decision-making. Does this also apply to societies at large, i.e., can societies experience mood states that affect their collective decision making? By extension is the public mood correlated or even predictive of economic indicators? Here we investigate whether measurements of collective mood states derived from large-scale Twitter feeds are correlated to the value of the Dow Jones Industrial Average (DJIA) over time.”
Via arxiv.org

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Posted on December 12, 2011, in Uncategorized. Bookmark the permalink. Leave a comment.

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