Minority Games: Interacting Agents In Financial Markets (Oxford Finance Series) - Brossura

Challet, Damien

 
9780199686698: Minority Games: Interacting Agents In Financial Markets (Oxford Finance Series)

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The Minority Game is a physicist's attempt to explain market behaviour by the interaction between traders. With a minimal set of ingredients and drastic assumptions, this model reproduces market ecology among different types of traders. Its emphasis is on speculative trading and information flow. The book first describes the philosophy lying behind the conception of the Minority Game in 1997, and includes in particular a discussion about the El Farol bar problem. It then reviews the main steps in later developments, including both the theory and its applications to market phenomena. 'Minority Games' gives a colourful and stylized, but also realistic picture of how financial markets operate.

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Informazioni sull?autore


Damien Challet, Mathematical Institute, University of Oxford,Matteo Marsili,ICTP, Trieste, Italy,Yi-Cheng Zhang, Department de Physique, Universite de Fribourg, Switzerland

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Altre edizioni note dello stesso titolo

9780198566403: Minority Games: Interacting agents in financial markets

Edizione in evidenza

ISBN 10:  0198566409 ISBN 13:  9780198566403
Casa editrice: OUP Oxford, 2004
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