Realistic Simulation of Financial Markets: Analyzing Market Behaviors by the Third Mode of Science

This book takes up unique agent-based approaches to solving problems related to sk and their derivative markets. Toward this end, the authors have worked for more than 15 years on the development of an artificial market simulator called U-Mart for use as a research and educational tool. A noteworthy feature of the U-Mart simulator compared to other artificial market simulators is that U-Mart is an ultra-realistic artificial sk and their derivative market simulator. For example, it can simul...