Autonomous agent models of stock markets

被引:15
作者
Wan, HA
Hunter, A
Dunne, P
机构
[1] Open Univ Hong Kong, Sch Business & Adm, Hong Kong, Hong Kong, Peoples R China
[2] Univ Durham, Dept Comp Sci, Durham DM1 3LE, England
[3] Univ Sunderland, Sch Comp & Informat Syst, Sunderland SRQ 3PZ, England
关键词
agents; Efficient Market Hypothesis; model; price equilibrium;
D O I
10.1023/A:1014500409896
中图分类号
TP18 [人工智能理论];
学科分类号
081104 ; 0812 ; 0835 ; 1405 ;
摘要
The use of artificial agents in the study of stock markets has aroused much interest in the past two decades. Models of markets consisting of agents were built to reinforce or question theories in economics - including the principle of "negative feedback'', the Efficient Market Hypothesis, and chaos theory. In this article, we review the development of these agent models, highlight key design issues and problems, and suggest some directions for future research.
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页码:87 / 128
页数:42
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