Microscopic Simulation of Financial Markets from Investor Behavior to Market Phenomena
- List Price: $137.00
- Binding: Hardcover
- Publisher: Academic Pr
- Publish date: 06/01/2000
Researchers will use the book because it models heterogeneous investors, a group that has proven difficult to model. Being able to predict how people will invest and setting asset prices accordingly is inherently appealing, and the combination of computing power and statistical mechanics in this book makes such modeling possible. Because many finance researchers have backgrounds in physics, the material here will be accessible.