Abstract
There has been much research on the “stylized facts”, or universal statistical properties, of speculative markets. In this research we propose an agent model which satisfies many of the “stylized facts”. Our aim is to analyze the effects of each parameter in the agent model in order to understand its effect in the emergent behavior of speculative markets. For this paper we discuss the effect of allowing agents to have different internal time frames.
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© 2003 Springer-Verlag Berlin Heidelberg
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Mackin, K.J., Yamasaki, K. (2003). Emergence in Agents with Different Internal Time Frames. In: Palade, V., Howlett, R.J., Jain, L. (eds) Knowledge-Based Intelligent Information and Engineering Systems. KES 2003. Lecture Notes in Computer Science(), vol 2774. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-45226-3_193
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DOI: https://doi.org/10.1007/978-3-540-45226-3_193
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-40804-8
Online ISBN: 978-3-540-45226-3
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