Transaction costs influence on the stability of financial market: agent-based simulation

Transaction costs influence on the stability of financial market: agent-based simulation

We implement an agent-based simulation of financial market model. Agent-based simulations are used nowadays as an alternative to the traditional models, based on predetermined equilibrium state theory. Agent technology brings some kind of local intelligence and rational expectations to the decision...

Full description

Bibliographic Details
Main Authors: Roman Šperka, Marek Spišák
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2013-12-01
Series:Journal of Business Economics and Management
Subjects:
agent-based
financial market
NetLogo
direct interactions
technical and fundamental analysis
simulation
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/3759

Internet

https://journals.vgtu.lt/index.php/JBEM/article/view/3759

Similar Items