Agent-based simulations of toy market models.

• Main Author: Lye, Ribin.
• Other Authors: Cheong Siew Ann
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Science
• Online Access: http://hdl.handle.net/10356/20820
• Institution: Nanyang Technological University

A simple deterministic model of the financial market has been constructed. The traders in this model make their trading decisions based on utility functions which can be controlled to contain different degree of fundamentalist mentality and chartist mentality. In spite of the simplicity, our market...