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Pattern-Oriented Agent-Based Modeling for Financial Market Simulation

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Advances in Neural Networks – ISNN 2007 (ISNN 2007)

Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 4491))

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Abstract

The paper presents a pattern-oriented agent-based model to simulate the dynamics of a stock market. The model generates satisfactory market macro-level trend and volatility while the agents obey simple rules but follow the behaviors of the neighbors closely. Both the market and the agents are made to evolve in an environment where Darwin’s natural selection rules apply.

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References

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Author information

Authors and Affiliations

  1. Department of Electronics and Information Engineering, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong

    Chi Xu & Zheru Chi

Authors
  1. Chi Xu
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  2. Zheru Chi
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Editor information

Editors and Affiliations

  1. Department of Electrical and Computer Engineering (M/C 154), University of Illinois at Chicago, 851 S. Morgan Street, 60607-7053, Chicago, IL, USA

    Derong Liu

  2. School of Automation, Southeast University, 210096, Nanjing, China

    Shumin Fei

  3. Laboratory of Complex Systems, Institute of Automation, Chinese Adacemy of Sciences, 100080, Beijing, P. R. China

    Zeng-Guang Hou

  4. School of Information Science and Engineering, Northeast University, Shenyang, 110004, China

    Huaguang Zhang

  5. School of Electrical Engineering, Hohai University, Nanjing, 210098, China

    Changyin Sun

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© 2007 Springer-Verlag Berlin Heidelberg

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Xu, C., Chi, Z. (2007). Pattern-Oriented Agent-Based Modeling for Financial Market Simulation. In: Liu, D., Fei, S., Hou, ZG., Zhang, H., Sun, C. (eds) Advances in Neural Networks – ISNN 2007. ISNN 2007. Lecture Notes in Computer Science, vol 4491. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-72383-7_74

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  • DOI: https://doi.org/10.1007/978-3-540-72383-7_74

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-72382-0

  • Online ISBN: 978-3-540-72383-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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