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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 13,900.00

Format: Paperback or Softback

ISBN-13: 9780199686698

Publisher: Oxford University Press

Publication Date: Nov 21st, 2013

Weight: 596 grams

Dimension: 23.50 x 17.90 x 2.00 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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