Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena

by Moshe Levy, Haim Levy, Sorin Solomon

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...

• Format: Hardcover
• Language: English
• ISBN: 0124458904
• ISBN13: 9780124458901
• Release Date: July 2000
• Publisher: Academic Press
• Length: 300 Pages
• Weight: 1.28 lbs.
• Dimensions: 0.7" x 6.3" x 9.3"