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- W43084961 abstract "In this paper, we present a model that simulates the behaviour of a heterogenous collection of financial traders on a market. Each trader is modelled as an autonomous, interactive agent and the agregation of their behavior results in market behaviour. 1 We specifically look at the role of information arriving at the market and the influence of heterogeneity on market dynamics. The main conclusions are that the quality of the information determines how the market will behave and secondly, heterogeneity is required in order to find the right statistical properties of the price and return time series." @default.
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- W43084961 date "2012-01-01" @default.
- W43084961 modified "2023-09-23" @default.
- W43084961 title "AN ARTIFICIAL STOCK MARKET" @default.
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- W43084961 doi "https://doi.org/10.5220/0003687002930300" @default.
- W43084961 hasPublicationYear "2012" @default.
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