Market Fraction Hypothesis: Application to the South African Financial Market
Researchers: Patrick Mthisi, University of the Witwatersrand, Johannesburg
Supervisor: Dr Yudhvir Seetharam, University of the Witwatersrand, Johannesburg
This project uses a disaggregate modeling approach to model the behaviour of key financial market players in order to assess the quality of South African financial market. To achieve this, an Agent-based Model  is used as the primary tool. In addition, theoretical concepts that underlay Market Fraction Hypothesis  are used and the market fractions of the agents’ risk clusters are observed over a period of time to assess the quality of the financial market.