Microscopic Simulation of Financial Markets

افزودن به بوکمارک اشتراک گذاری 0 دیدگاه کاربران 4 (1)

From Investor Behavior to Market Phenomena

مشارکت: عنوان و توضیح کوتاه هر کتاب را ترجمه کنید این ترجمه بعد از تایید با نام شما در سایت نمایش داده خواهد شد.

ترجمه این کتاب مشاهده همه کتاب های ترجمه نشده

From Investor Behavior to Market Phenomena

Microscopic Simulation (MS) uses a computer to represent and keep track of individual (microscopic) elements in order to investigate complex systems which are analytically intractable. A methodology that was developed to solve physics problems, MS has been used to study the relation between microscopic behavior and macroscopic phenomena in systems ranging from those of atomic particles, to cars, animals, and even humans. In finance, MS can help explain, among other things, the effects of various elements of investor behavior on market dynamics and asset pricing. It is these issues in particular, and the value of an MS approach to finance in general, that are the subjects of this book. The authors not only put their work in perspective by surveying traditional economic analyses of investor behavior, but they also briefly examine the use of MS in fields other than finance.

Most models in economics and finance assume that investors are rational. However, experimental studies reveal systematic deviations from rational behavior. How can we determine the effect of investors' deviations from rational behavior on asset prices and market dynamics? By using Microscopic Simulation, a methodology originally developed by physicists for the investigation of complex systems, the authors are able to relax classical assumptions about investor behavior and to model it as empirically and experimentally observed. This rounded and judicious introduction to the application of MS in finance and economics reveals that many of the empirically-observed puzzles in finance can be explained by investors' quasi-rationality.

Researchers use the book because it models heterogeneous investors, a group that has proven difficult to model. Being able to predict how people will invest and setting asset prices accordingly is inherently appealing, and the combination of computing power and statistical mechanics in this book makes such modeling possible. Because many finance researchers have backgrounds in physics, the material here is accessible.

لغو

گزارش تخلف

مغایرت عنوان کتاب با توضیحات و تصویر جلد
عدم رعایت حقوق نشر طبق قوانین جمهوری اسلامی ایران
محتوای مستهجن
توهین به قومیتها و محتوای نژادپرستی
توهین به اقیلیتهای مذهبی
اهانت به مقامات سیاسی و مذهبی
اشاعه ی کودک آزاری
سایر موارد

بستن

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2000

نویسنده

Haim Levy

ناشر

Academic Press

شابک

9780124458901

20,000 تومان

خرید کتاب مطالعه نمونه درخواست ترجمه کتاب

خرید کتاب Microscopic Simulation of Financial Markets

Microscopic Simulation of Financial Markets

گزارش تخلف

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2000

نویسنده

ناشر

شابک

کتاب های مرتبط

Portfolio analytics an introduction to return and risk measurement

Behavioral Finance

Chronicles of a Million Dollar Trader

A Bull in China

Anlegerpsychologie

Insider Edge

Gestaltung der Erfolgsrechnung nach IFRS experimentelle Analyse der Entscheidungsprozesse nichtprofessioneller Investoren

Zur Rationalität von Anlageentscheidungen Begriffsklärung und Implikationen für Kapitalmarktakteure

Essays on the Impact of Sentiment on Real Estate Investments

Cognitive Finance : Neue Sicht auf Wirtschaft und Finanzmärkte

Auswirkungen von Gruppenbildung und Kommunikation auf ambigue Entscheidungen

Orderbuchtransparenz, Bietverhalten und Liquidität

Erklärungsnotstand Altersvorsorge warum selbst Experten versagen - eine Diagnose mit Therapievorschlägen

Informationeller Anlegerschutz : ökonomische Analyse der Konkretisierung und Durchsetzung sekundärmarktbezogener Informationspflichten in Deutschland und den USA

Zertifikate reloaded Transparenz, Vertrauen, Rendite - eine Anlageklasse positioniert sich neu

Rendite und Qualitätswahrnehmung : Eine experimentelle Untersuchung zur Anlageberatung

Opportunismus und Finanzmärkte Ursachen und Konsequenzen

Wissensabhängige Strategiewahl in der Venture-Capital-Industrie : eine theoretische und empirische Analyse

Legitimation durch Informationsintermediäre mit Nachhaltigkeitsbezug eine institutionentheoretische Analyse und empirische Kapitalmarktuntersuchung

Handbuch Geldanlage Aktien, Fonds, Anleihen, Festgeld, Gold und Co.

Big Money Thinks Small

دیدگاه کاربران