Learning, Evolution and Tick Size Effects

Vincent Darley and Alexander Outkin
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Vincent Darley: President & CEO of Eurobios, UK and Los Alamos National Laboratory, USA

Chapter 5 in A NASDAQ Market Simulation:Insights on a Major Market from the Science of Complex Adaptive Systems, 2007, pp 81-87 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Types of Reinforcement-Learning DealersThe Reinforcement-Learning Framework and Incentive StructureLearning in the Market

Keywords: Financial Markets; Agent-Based Modeling; Complexity; Dynamics; Emergent Behaviors; Simulation; Phase Transitions; Strategy (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (3)

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