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Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena

Haim Levy, Moshe Levy, Sorin Solomon




[PDF.ru30] Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena

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 | #4365890 in eBooks |  2000-08-02 |  2000-08-02 | File type: PDF

||11 of 14 people found the following review helpful.| A good review of the topic - but not enough focus|By Bernard VdS|I give it 4 stars for being one of the only books on the topic of microsimulation/agent-based modeling in finance.
The author's research is very interesting and promising. The book reviews similar microsimulation attempts by others.
However, there is no guidance as to the implementation of microsimulat| ||"Levy, Levy, and Solomon's Microscopic Simulation of Financial Markets points us towards the future of financial economics. If we restrict ourselves to models which can be solved analytically, we will be modeling for our mutual entertainment, not to ma

Microscopic Simulation (MS) uses a computer to represent and keep track of individual ("microscopic") elements in order to investigate complex systems which are analytically intractable. A methodology that was developed to solve physics problems, MS has been used to study the relation between microscopic behavior and macroscopic phenomena in systems ranging from those of atomic particles, to cars, animals, and even humans. In finance, MS can help explain, among other ...

You easily download any file type for your device.Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena   |  Haim Levy, Moshe Levy, Sorin Solomon. Which are the reasons I like to read books. Great story by a great author.

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