Vidal's library
Title: Can Irrational Investors Survive? A Social-Computing Perspective
Author: Yongjie Zhang and Wei Zhang
Journal: IEEE Intelligent Systems
Volume: 22
Number: 5
Pages: 58--64
Publisher: IEEE Computer Society
Year: 2007
DOI: 10.1109/MIS.2007.82
Abstract: Extending finance theories using agent-based computational methods serves two purposes. First, it contributes to solving the intractability problem in behavioral-finance research. Second, it enlarges the agent-based method's application domain. The authors describe their research to extend behavioral finance using agent-based computing, then investigate some key issues in designing artificial stock markets. As their experiments show, agent-based modeling makes a meaningful contribution in extending financial economic theories. This article is part of a special issue on social computing.



@Article{zhang07a,
  author =	 {Yongjie Zhang and Wei Zhang},
  title =	 {Can Irrational Investors Survive? A Social-Computing
                  Perspective},
  journal =	 {{IEEE} Intelligent Systems},
  volume =	 22,
  number =	 5,
  year =	 2007,
  issn =	 {1541-1672},
  pages =	 {58--64},
  doi =		 {10.1109/MIS.2007.82},
  publisher =	 {IEEE Computer Society},
  address =	 {Los Alamitos, CA, USA},
  abstract =	 {Extending finance theories using agent-based
                  computational methods serves two purposes. First, it
                  contributes to solving the intractability problem in
                  behavioral-finance research. Second, it enlarges the
                  agent-based method's application domain. The authors
                  describe their research to extend behavioral finance
                  using agent-based computing, then investigate some
                  key issues in designing artificial stock markets. As
                  their experiments show, agent-based modeling makes a
                  meaningful contribution in extending financial
                  economic theories. This article is part of a special
                  issue on social computing.},
  url = 	 {http://jmvidal.cse.sc.edu/library/zhang07a.pdf},
}
Last modified: Wed Mar 9 10:16:48 EST 2011