Agent-Based Modeling
Download or Read eBook Agent-Based Modeling PDF written by Norman Ehrentreich and published by Springer Science & Business Media. This book was released on 2007-10-30 with total page 238 pages. Available in PDF, EPUB and Kindle.
| Author | : Norman Ehrentreich |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 238 |
| Release | : 2007-10-30 |
| ISBN-10 | : 9783540738787 |
| ISBN-13 | : 3540738789 |
| Rating | : 4/5 (87 Downloads) |
Book Synopsis Agent-Based Modeling by : Norman Ehrentreich
Book excerpt: 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.
