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Minority Games

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

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Ksh 37,550.00

Format: Hardback or Cased Book

ISBN-13: 9780198566403

Publisher: Oxford University Press

Publication Date: Nov 4th, 2004

Weight: 748 grams

Dimension: 24.90 x 17.40 x 2.70 cms

Category: ECONOMICS

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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.

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