DocumentCode
3099760
Title
Agent Based Modelling of Coevolution of Trust between Client and Wealth Managers
Author
Thompson, James ; Bossomaier, Terry
Author_Institution
Centre for Res. in Complex Syst., Charles Sturt Univ., Bathurst, NSW
fYear
2006
fDate
Nov. 28 2006-Dec. 1 2006
Firstpage
131
Lastpage
131
Abstract
Agent based modelling is used to study the pattern of interaction between clients and wealth management advisors (WMAs). A simulated investment market is used by WMAs to invest money on behalf of clients with differing investment goals. Client and WMA strategies coevolve, each maximising their own wealth. Simulations show abrupt transitions where trust between clients and WMAs rises dramatically and in most cases remains stable thereafter.
Keywords
investment; software agents; agent based modelling; investment goals; money investment; simulated investment market; trust coevolution; wealth management advisors; Animals; Australia; Computational intelligence; Genetic algorithms; Humans; Investments; Marketing and sales; Pensions; Positron emission tomography; Psychology;
fLanguage
English
Publisher
ieee
Conference_Titel
Computational Intelligence for Modelling, Control and Automation, 2006 and International Conference on Intelligent Agents, Web Technologies and Internet Commerce, International Conference on
Conference_Location
Sydney, NSW
Print_ISBN
0-7695-2731-0
Type
conf
DOI
10.1109/CIMCA.2006.36
Filename
4052761
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