- STAFF PICKS
- GIFTS + GIFT CARDS
- SELL BOOKS
- FIND A STORE
This item may be
Check for Availability
Other titles in the Agent-Based Social Systems series:
Springer Series on Agent Based Social Systems #4: Artificial Market Experiments with the U-Mart System
Synopses & Reviews
Economics went through great development in the 20th century. This development, which was based mainly on mathematical methods, is not an appropriate method of analyzing markets that change every hour and every day. In a stock market, prices constantly change depending on speculation. U-Mart, a manmade market, has been proposed in order to study such instantly moving markets. Although the U-Mart system is internationally acclaimed for being at the forefront of market research, its use is by no means limited to a small number of researchers on the fringe. The whole system, including its source code, is open and is distributed without charge, testifying to a philosophy of creating and providing a common test bed for research into financial markets.
Stock market prices constantly change depending on speculation. U-Mart, a manmade market, has been invented to study these moving markets. Although the system is acclaimed, its use is by no means limited to a small number of researchers.
Table of Contents
Part I Practice.- 1 How to Use the U-Mart Market Simulator.- 2 How to Use the U-Mart System Network Edition.- 3 Futures Market and U-Mart Experiment.- Part II Application.- 4 A Case of U-Mart Experiment by Human Agents.- 5 Statistical Analysis of U-Mart Experiments by Humans.- 6 Possibility and Meaning of the U-Mart.- An Attached CD-ROM Composition.- B Log Format.- C Machine Agents Embedded in the U-Mart System.- D Publication List.- Bibliography.- Index.
What Our Readers Are Saying
Arts and Entertainment » Architecture » Drafting