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Multi-Agent Simulation of Financial Markets

  • Olga Streltchenko
  • Yelena Yesha
  • Timothy Finin
Part of the International Handbooks on Information Systems book series (INFOSYS)

Abstract

This paper discusses the principal reasons for, and prospective opportunities of, simulating financial markets using an architecture based on artificial agents. The paper then discusses in detail the design and architecture of a simulator for financial markets. The Gaia methodology was employed in the development of MAFiMSi (Multi-Agent Finanacial Market Simulator), a general-purpose finacial market simulator of a dealer-type market. MAFiMSi is implemented as a library of C++ classes that currently support a stand-alone market simulation.

Keywords

Decision Support Financial Market Market Maker Quotation System Price Quote 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2005

Authors and Affiliations

  • Olga Streltchenko
    • 1
  • Yelena Yesha
    • 2
  • Timothy Finin
    • 3
  1. 1.Department of Computer Science and Electrical EngineeringUniversity of Maryland Baltimore CountyBaltimoreUSA
  2. 2.Department of Computer Science and Electrical EngineeringUniversity of Maryland Baltimore CountyBaltimoreUSA
  3. 3.Department of Computer Science and Electrical EngineeringUniversity of Maryland Baltimore CountyBaltimoreUSA

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