TY  - JOUR
SN  - 0295-5075      
N2  - A prototype model of stock market is introduced and studied numerically. In this self-organized system, we consider only the interaction among traders without external influences. Agents trade according to their own strategy, to accumulate their assets by speculating on the price's fluctuations which are produced by themselves. The model reproduced rather realistic price histories whose statistical properties are also similar to those observed in real markets.
ID  - eprints1175
EP  - 484
PB  - IOPscience
JF  - EPL (Europhysics Letters)
IS  - 5
AV  - none
TI  - A prototype model of stock exchange
SP  - 479
VL  - 40
A1  - Caldarelli, Guido
A1  - Marsili, Matteo
A1  - Zhang, Yi-Cheng
UR  - http://dx.doi.org/10.1209/epl/i1997-00491-5
Y1  - 1997/10//
KW  - PACS: 02.50.Le Decision theory and game theory; 01.75.+m Science and society

ER  -