Complexity and artificial markets [electronic resource] / Klaus Schredelseker, Florian Hauser
- Published
- [Berlin] : Springer, 2008.
- Physical Description
- 1 online resource (xix, 234 pages) : illustrations
- Additional Creators
- Schredelseker, Klaus and Hauser, Florian
Access Online
- SpringerLink: ezaccess.libraries.psu.edu
- Series
- Contents
- Zero-Intelligence Trading Without Resampling; Understanding the Price Dynamics of a Real Market Using Simulations: The Dutch Auction of the Pescara Wholesale Fish Market; Market Behavior Under Zero-Intelligence Trading and Price Awareness; Evolutionary Switching between Forecasting Heuristics: An Explanation of an Asset-Pricing Experiment; Prospect Theory Behavioral Assumptions in an Artificial Financial Economy; Computing the Evolution of Walrasian Behaviour; Multidimensional Evolving Opinion for Sustainable Consumption Decision.
- Summary
- Agent-based simulation has become a widely accepted tool when dealing with complexity in economics and other social sciences. This book includes contributions which apply agent-based methods to derive results from complex models related to market mechanisms, evolution, decision making, and information economics.
- Subject(s)
- ISBN
- 9783540705567
3540705562
3540705538 (Paper)
9783540705536 (Paper) - Note
- "Klaus Schredelseker, Florian Hauser, (editors)"--Cover.
AVAILABLE ONLINE TO AUTHORIZED PSU USERS. - Bibliography Note
- Includes bibliographical references.
View MARC record | catkey: 5001848