DocumentCode
3175994
Title
Competition Dynamics in a Virtual Fund Management System: The Tour de Finance
Author
Dougal, Casey ; Merriman, David ; Humpherys, Jeffery ; Warnick, Sean
Author_Institution
Brigham Young Univ., Provo
fYear
2007
fDate
9-13 July 2007
Firstpage
1817
Lastpage
1822
Abstract
This research explores the development of a virtual fund management system to benchmark investment controllers as algorithmic decision processes on live market data. While similar paper-trading competitions exist, the Tour de Finance system is unique in its use of a particular class of dynamical systems as a dynamic rating mechanism to help ensure that the system is fair and rewards real intelligence over dumb luck. A link is provided for those wishing to participate in the Tour by designing controllers to interact with the system as autonomous agents, each managing its own virtual fund.
Keywords
financial management; investment; marketing data processing; virtual enterprises; Tour de Finance; competition dynamics; investment controllers; market data; virtual fund management system; Cities and towns; Conference management; Control systems; Finance; Financial management; Instruments; Investments; Research and development management; Stock markets; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
American Control Conference, 2007. ACC '07
Conference_Location
New York, NY
ISSN
0743-1619
Print_ISBN
1-4244-0988-8
Electronic_ISBN
0743-1619
Type
conf
DOI
10.1109/ACC.2007.4283117
Filename
4283117
Link To Document