Minority Games

Interacting agents in financial markets

The Minority Game, invented in the late 1990s, makes it possible to understand stock market fluctuations in terms of information ecology between traders. With a minimal set of ingredients and drastic assumptions, this model reproduces market ecology among different types of traders. Its emphasis is on speculative trading and information flow.

November 2013, ca. 360 Seiten, Oxford Finance Series, Englisch
Oxford University Press
978-0-19-968669-8

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