Minority Games

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

Oxford University Press, 2004

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The Minority Game, invented in the late 1990s, makes it possible to understand stock market fluctuations in terms of information ecology 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.

ISBN-13
9780198566403
ISBN-10
0198566409
Publisher
Oxford University Press
Year
2004
Publication date
2004-11-04
Pages
360
Dimensions
249x174x27
Weight
748