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Business/Investing Artificial Market Experiments with the U-Mart System Ebook

Posted on 2010-03-16




Name:Business/Investing Artificial Market Experiments with the U-Mart System Ebook
ASIN/ISBN:4431768227
Language:English
File size:6.8 Mb
ISBN: 4431768227
Publish Date: 2007
Pages: 172 pages
File Type: PDF
File Size: 6,8 MB
Other Info: Springer
   Business/Investing Artificial Market Experiments with the U-Mart System Ebook

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Y. Shiozawa, Y. Nakajima, H. Matsui,

Y. Koyama, K. Taniguchi, F. Hashimoto "Artificial Market Experiments with the U-Mart System Ebook"


Economics went through great development in the 20th century. This development, which was based mainly on mathematical methods, is not an appropriate method of analyzing markets that change every hour and every day. In a stock market, prices constantly change depending on speculation. U-Mart, a manmade market, has been proposed in order to study such instantly moving markets. Although the U-Mart system is internationally acclaimed for being at the forefront of market research, its use is by no means limited to a small number of researchers on the fringe. The whole system, including its source code, is open and is distributed without charge, testifying to a philosophy of creating and providing a common test bed for research into financial markets.

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Economics went through great development in the 20th century. This development, which was based mainly on mathematical methods, is not an appropriate method of analyzing markets that change every hour and every day. In a stock market, price ...

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