quiet-sleep
发表于 2025-3-30 10:26:48
Francesco Ranzato,Marco Zanellaficial agents are endowed with these cognitive patterns by means of an endorsement scheme. We show the relationship between cognition and Multi-Agent interaction. We validate the model since it reproduces well the behavioural patterns observed in the human-subjects experiment.
陶器
发表于 2025-3-30 14:33:56
Zero-Intelligence Trading Without Resamplingtter. Second, the allocative efficiency of the continuous double auction is higher than for other sequential protocols both with or without resampling. Third, compared to zero intelligence, the effect of learning on allocative efficiency is sharply positive without resampling and mildly negative with resampling.
Mnemonics
发表于 2025-3-30 16:59:07
Local Interaction, Incomplete Information and Properties of Asset Prices can account for different temporal behavior of the price-dividend ratio, (b) can reproduce some stylized facts of price changes and (c) suggest that market efficiency in the sense of return predictability may be inversely related to the information precision.