Artificial Market Experiments with the U-Mart System

• Main Authors: Shiozawa, Yoshinori (Author), Matsui, Hiroyuki (Author), Taniguchi, Kazuhisa (Author), Nakajima, Yoshihiro (Author), Koyama, Yusuke (Author), Hashimoto, Fumihiko (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Tokyo : Springer Japan, 2008.
• Series: Springer Series on Agent Based Social Systems ; 4
• Subjects: Business.; Management science.; Finance.; Sociology.; Business and Management.; Business and Management, general.; Sociology, general.; Finance, general.

Economics went through great development in the 20th century. This development, which was based mainly on mathematical methods, is not an appropriate method of analyzing markets that change every hour and every day. In a stock market, prices constantly change depending on speculation. U-Mart, a manm...

Table of Contents:

• Practice
• How to Use the U-Mart Market Simulator
• How to Use the U-Mart System Network Edition
• Futures Market and U-Mart Experiment
• Application
• A Case of U-Mart Experiment by Human Agents
• Statistical Analysis of U-mart Experiments by Humans
• Possibility and Meaning of the U-Mart.