Tools
Tools
Chiaromonte, F. & Dosi, G. (1998). Modeling a Decentralized Asset Market: An Introduction the Financial "Toy Room". IIASA Interim Report. IIASA, Laxenburg, Austria: IR-98-115
Preview |
Text
IR-98-115.pdf Download (315kB) | Preview |
Abstract
In this paper, the authors describe a micro-founded simulation environment for decentralized trade in a financial asset. Within the philosophy of computer-simulated "artificial markets", this environment allows one to experiment in a modular fashion with (i) individual characterizations in terms of behaviors and learning, (ii) different architectural and institutional traits of the market, and (iii) time-embedding of events at the system and the individual level.
| Item Type: | Monograph (IIASA Interim Report) |
|---|---|
| Research Programs: | Technological and Economic Dynamics (TED) |
| Depositing User: | IIASA Import |
| Date Deposited: | 15 Jan 2016 02:09 |
| Last Modified: | 27 Aug 2021 17:16 |
| URI: | https://pure.iiasa.ac.at/5538 |
Actions (login required)
 |
View Item |