Minority games: interacting agents in financial markets
Auteur :
Challet, Damien / Marsili, Matteo / Zhang, Yi-Cheng
Éditeur :
Oxford University Press
ISBN :
9780198566403
Date de publication :
4 nov. 2004
Dimensions :
24,7 x 17,4 x 2,4 cm
Poids :
735 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
The Minority Game, invented in the late 1990s, makes it possible to understand stock market fluctuations in terms of information ecology between traders. With a minimal set of ingredients and drastic assumptions, this model reproduces market ecology among different types of traders. Its emphasis is on speculative trading and information flow.