Strategic Agent-Based Modeling of Financial Markets

Understanding the implications of algorithmic trading calls for modeling financial markets at a level of fidelity that often precludes analytic solution. We describe how agent-based simulation modeling can be combined with game-theoretic reasoning to examine the effects of market variables on outcom...

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Bibliographic Details
Main Authors: Michael P. Wellman, Elaine Wah
Format: Article
Language:English
Published: Russell Sage Foundation 2017-01-01
Series:RSF: The Russell Sage Foundation Journal of the Social Sciences
Subjects:
Online Access:http://www.rsfjournal.org/doi/full/10.7758/RSF.2017.3.1.06