Title :
Study on a Multi-Agent Market Simulation Model
Author :
Cui Jiu-yan ; Yang Min
Author_Institution :
Sch. of Econ. & Manage., Beihang Univ. Beijing, Beijing, China
Abstract :
Based on the idea of the ABM, we present a multiagent market simulation model named A-B model and analyze the model under the random condition with Matlab. Finally, according to the theory of "Efficient Market Hypothesis", we check up the stylized facts of A-B mode to judge whether the model is effective or not.
Keywords :
industrial economics; pricing; random processes; simulation; A-B model; Matlab; efficient market hypothesis; multiagent market simulation model; pricing; production economics; random condition; Analytical models; Autocorrelation; Economic forecasting; Electronic mail; Fluctuations; Gaussian distribution; MATLAB; Mathematical model; Probability distribution; Testing;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5302412
