TY - BOOK ID - 10005783 TI - A NASDAQ market simulation : insights on a major market from the science of complex adaptive systems AU - Darley, Vincent. AU - Outkin, Alexander V. PY - 2007 SN - 9812700013 9786611121037 1281121037 9812708359 9789812700018 9789812708359 PB - Hackensack, NJ : World Scientific, DB - UniCat KW - NASDAQ (Computer network). KW - NASDAQ (Computer network) KW - Stock exchanges KW - Investment & Speculation KW - Finance KW - Business & Economics KW - Computer simulation KW - -332.6430973 KW - Bulls and bears KW - Commercial corners KW - Corners, Commercial KW - Equity markets KW - Exchanges, Securities KW - Exchanges, Stock KW - Securities exchanges KW - Stock-exchange KW - Stock markets KW - Capital market KW - Efficient market theory KW - Speculation KW - National Association of Securities Dealers Automated Quotations (Computer network) KW - Computer networks KW - Computer simulation. UR - https://www.unicat.be/uniCat?func=search&query=sysid:10005783 AB - This pioneering book describes the applications of agent-based modeling to financial markets. It presents a new paradigm for finance, where markets are treated as complex systems whose behavior emerges as a result of interactions of market participants, market institutions, and market rules. This includes both a presentation of the conceptual model and its software implementation. It also summarises the result of the profound research on the successful practical application of this new approach to answer questions regarding the Nasdaq Stock Market's decimalization that was implemented in 2001. ER -