Title of article :
Modelling an imperfect market
Author/Authors :
Raul Donangelo، نويسنده , , Alex Hansen، نويسنده , , Kim Sneppen، نويسنده , , Sergio R. Souza، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2000
Abstract :
We propose a simple market model where agents trade different types of products with each other by using money, relying only on local information. Value fluctuations of single products, combined with the condition of maximum profit in transactions, readily lead to persistent fluctuations in the wealth of individual agents
Journal title :
Physica A Statistical Mechanics and its Applications
Journal title :
Physica A Statistical Mechanics and its Applications