This book reconciles the existence of technical trading with the Efficient Market Hypothesis. By analysing 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.
| ISBN: | 9783540738787 |
| Publication date: | 30th October 2007 |
| Author: | Norman Ehrentreich |
| Publisher: | Springer an imprint of Springer Berlin Heidelberg |
| Format: | Paperback |
| Pagination: | 230 pages |
| Series: | Lecture Notes in Economics and Mathematical Systems |
| Genres: |
Macroeconomics Management decision making Operational research Artificial intelligence Economic theory and philosophy |
This book reconciles the existence of technical trading with the Efficient Market Hypothesis. By analysing 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.
Agent-Based Modeling features in the following genres: Macroeconomics, Management decision making, Operational research, Artificial intelligence, Economic theory and philosophy
Agent-Based Modeling is available in Paperback
Agent-Based Modeling was written by Norman Ehrentreich and published by Springer an imprint of Springer Berlin Heidelberg
Agent-Based Modeling has 230 pages
Yes it is part of Lecture Notes in Economics and Mathematical Systems series