@Article{parkes00a,
  author =	 {David C Parkes and Bernardo A Huberman},
  title =	 {Multiagent Cooperative Search for Portfolio
                  Selection},
  googleid =	 {o_SZmo9_J0EJ:scholar.google.com/},
  journal =	 {Games and Economic Behavior},
  year =	 2000,
  abstract =	 {We present a new multiagent model for the
                  multiperiod portfolio selection problem. A system of
                  cooperative agents divide initial wealth and follow
                  individual worst case optimal investment strategies
                  from random portfolios sharing their nal pro ts and
                  losses The multiagent system achieves better average
                  case performance than a single agent with the same
                  initial wealth in a simple stochastic market A
                  further increase in performance is achieved through
                  communication of hints between agents and
                  probabilistic strategy switching However this
                  explicit cooperation is redundant in a market that
                  approximates the Capital Asset Pricing Model a model
                  of equilibrium stock price dynamics},
  keywords = 	 {multiagent economics},
  url =		 {http://jmvidal.cse.sc.edu/library/parkes00a.pdf},
  cluster = 	 {4694861391307863203}
}