Learning of Virtual Dealers in an Artificial Market: Comparison with Interview Data

Abstract. In this study we used a new agent-based approach, an artificial market approach, to analyze the ways that dealers process the information in financial news. We compared between the simulation results with virtual dealers in our model and interview data with actual dealers. The results showed that there were similarities between the dynamics of market opinions in the artificial and actual markets.

• Type: Conference
• Year: 2000
• Where: IDEAL
• Authors: Kiyoshi Izumi, Kazuhiro Ueda
• Keywords: Actual Dealers, Artificial Market Approach, IDEAL 2000, Intelligent Agents, Virtual Dealers