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Agent-Based Modeling : The Santa Fe Institute Artificial Stock Market Model Revisited

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SR 475
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Author:Ehrentreich, Norman
Date of Publication: 2007
Book classification:Business & Management,English Books,
No. of pages:252 Pages
Format:Paperback

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About this Product

This book reconciles the existence of technical trading with the Efficient Market Hypothesis. By analyzing a well-known agent-based model, the Santa Fe Institute Artificial Stock Market (SFI-ASM), it finds that when selective forces are weak, financial evolution cannot guarantee that only the fittest trading rules will survive. Its main contribution lies in the application of standard results from population genetics which have widely been neglected in the agent-based community.

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SKU9783540738787
Manufacturer Number9783540738787
year published2007
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