کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
9728084 1480217 2005 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Real payoffs and virtual trading in agent based market models
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات فیزیک ریاضی
پیش نمایش صفحه اول مقاله
Real payoffs and virtual trading in agent based market models
چکیده انگلیسی
The $-Game was recently introduced as an extension of the Minority Game. In this paper we compare this model with the well know Minority Game and the Majority Game models. Due to the inter-temporal nature of the market payoff, we introduce a two step transaction with single and mixed group of interacting traders. When the population is composed of two different group of $-traders, they show an anti-imitative behavior. However, when they interact with minority or majority players the $-population imitates the usual behavior of these players. Finally we discuss how these models contribute to clarify the market mechanism.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Physica A: Statistical Mechanics and its Applications - Volume 345, Issues 3–4, 15 January 2005, Pages 657-675
نویسندگان
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