Modelowanie rynków kapitałowych z wykorzystaniem gier mniejszościowych
Minority games in capital markets modeling
Author(s): Aleksandra KikSubject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: econophysics; minority games; bar problem; producers; speculators; noise traders; financial markets
Summary/Abstract: Using the Minority Game model, which was formed on the basis of the static physics, it is possible to find an explanation for the broad spectrum of market mechanisms. The definition of different types of agents is presented and their role and market impact analyzed as well. Although Minority Games should be treated rather as simplified market model, it quite accurately present statistical properties of time series related to financial markets. They are also good basis for further exploration the subject, looking for the answers and solutions for the problems that occurred in real world
Journal: Studia i Prace WNEIZ US
- Issue Year: 2013
- Issue No: 31/1
- Page Range: 177-187
- Page Count: 11
- Language: Polish