Soft Computing

, Volume 11, Issue 12, pp 1199–1205

Integration of artificial market simulation and text mining for market analysis

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DOI: 10.1007/s00500-007-0173-z

Cite this article as:
Izumi, K., Matsui, H. & Matsuo, Y. Soft Comput (2007) 11: 1199. doi:10.1007/s00500-007-0173-z

Abstract

This paper proposed a new approach that integrated an artificial market simulation and text-mining. In this approach first economic trends were extracted from text data circulating in the real world. Then, the trends were inputted into the market simulation. The simulation could support users’ action to the actual market. This approach was used for the decision of exchange rate policy and suggested that the combination of interest rate and intervention operation was effective for the stabilization of the yen–dollar rate from 1994 to 1995. This approach can offer a useful social simulation as a tool to users.

Copyright information

© Springer-Verlag 2007

Authors and Affiliations

  1. 1.DHRC, AISTTokyoJapan
  2. 2.ITRI, AISTTsukubaJapan