TheINQUIRER - news, reviews and opinion for tech buffs

This book reconciles the existence of technical trading with the Efficient Market Hypothesis. By analyzing 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.

BibMe: Free Bibliography & Citation Maker - MLA, APA, Chicago, Harvard

Its main contribution lies in the application of standard results from population genetics which have widely been neglected in the agent-based community. By analyzing 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 The Santa Fe Institute Artificial Stock Market Model Revisited.

The Rationale for AgentBased Modeling. A Biased Mutation Operator.

A Suggested Modification to the SFIASM. The Concept of Minimal Rationality. Replicating the Stylized Facts of Financial Markets.

The Original Santa Fe Institute Artificial Stock Market. An Analysis of Wealth Levels.

The Original Santa Fe Institute Artificial Stock Market - Springer

Selection Genetic Drift and Technical Trading. Summary and Future Research. By analyzing a well-known agent-based model, the Santa Fe Institute Artificial The Santa Fe Institute Artificial Stock Market Model A Review of Theory and Empirical Work, " Journal of Finance, May , pp.