Issue No. 05 - September/October (2007 vol. 22)
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/MIS.2007.82
Yongjie Zhang , Tianjin University
Wei Zhang , Tianjin University and Tianjin University of Finance & Economics
Extending finance theories using agent-based computational methods serves two purposes. First, it contributes to solving the intractability problem in behavioral-finance research. Second, it enlarges the agent-based method's application domain. The authors describe their research to extend behavioral finance using agent-based computing, then investigate some key issues in designing artificial stock markets. As their experiments show, agent-based modeling makes a meaningful contribution in extending financial economic theories. This article is part of a special issue on social computing.
financial computing, agent-based computing, artificial intelligence, computing methodologies, social computing, social and behavioral sciences, computer applications
Y. Zhang and W. Zhang, "Can Irrational Investors Survive? A Social-Computing Perspective," in IEEE Intelligent Systems, vol. 22, no. , pp. 58-64, 2007.