Development of an Artificial Market System for Analysis of Institutional Issues in Financial Markets

DOI

Description

In this paper, we first discuss the notion that artificial market systems should meet the requirements of fidelity, transparency, reproducibility, and traceability. Next, we introduce history of development of the artificial market system named U-Mart system that meet the requirements well, which have been developed by the U-Mart project. Next, we propose a novel U-Mart system called "U-Mart system version 3.0" to solve problems of conventional U-Mart systems. The computational experiments are carried out taking a market simulation where the futures price affects the spot price to show the effectiveness of U-Mart system version 3.0.

Journal

  • SCIS & ISIS

    SCIS & ISIS 2010 (0), 121-126, 2010

    Japan Society for Fuzzy Theory and Intelligent Informatics

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Keywords

Details 詳細情報について

  • CRID
    1390001205589074176
  • NII Article ID
    130005019458
  • DOI
    10.14864/softscis.2010.0.121.0
  • Text Lang
    en
  • Article Type
    journal article
  • Data Source
    • JaLC
    • CiNii Articles
    • KAKEN
  • Abstract License Flag
    Disallowed

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