Zero intelligence in economics and finance
نویسنده
چکیده
This paper reviews the Zero Intelligence methodology for investigating markets. This approach models individual traders, operating within a market mechanism, who behave without strategy in order to determine the impact of the market mechanism and consequently the effect of trader behaviour. The paper considers the major contributions and models within this area from both the economics and finance communities before going on to examine the strengths and weaknesses of this methodology.
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ورودعنوان ژورنال:
- Knowledge Eng. Review
دوره 27 شماره
صفحات -
تاریخ انتشار 2012