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2000 (v1)PublicationUploaded on: April 14, 2023
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2001 (v1)Publication
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2005 (v1)Publication
We present a double-auction artificial financial market populated by heterogeneous agents who trade one risky asset in exchange for cash. Agents issue random orders subject to budget constraints. The limit prices of orders may depend on past market volatility. Limit orders are stored in the book whereas market orders give immediate birth to...
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2002 (v1)Publication
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2002 (v1)Publication
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2003 (v1)Publication
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2007 (v1)Publication
In this paper, a procedure to design a class of coupled systems that exhibit complex behaviours is presented. The proposed method is rigorously and systematically applicable to any dynamic system with nonlinear polynomial elements. Starting from two identical nonlinear algebraic systems, the proposed approach determines a proper bidirectional...
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1997 (v1)Publication
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2004 (v1)Publication
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1999 (v1)Publication
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2012 (v1)Publication
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2004 (v1)Publication
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1993 (v1)Publication
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2003 (v1)Publication
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1994 (v1)Publication
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1992 (v1)Publication
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2005 (v1)PublicationPrice dynamics and market power in an agent-based power exchange with heterogeneous production costs
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1996 (v1)Publication
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1997 (v1)Publication
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