Simulations of Evolutionary Models of a Stock Market

Authors

  • Gubar Elena Saint Petersburg State University

Abstract

The main idea of this work is to present some simulation in evolutionary models of agents' interaction on the stock market. We consider game-theoretical model of agent's interaction, which evolving during long-time period. We consider three possible situations on the market, which are characterized by different types of agents' behavior.

Keywords:

Evolutionary game, ESS strategy, stock market, replicative dynamic, imitation models, imitation dynamics

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References

Weibull, J. (1995). Evolutionary Game Theory. — Cambridge, MA: The M.I.T.Press.

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Gubar, E. A.(2008). An Evolutionary models of Trades in the Stock Market. Proceeding of Workshop on Dynamic Games in Management Science. Montreal, Canada, p.20.

Evstigneev, I. V., Hens, T. and Schenk-Hopp?e, K. R. (2006). Evolutionary stable stock markets. Economic Theory, 27, 449–468.

Sandholm, W. H. (2009). Pairwise Comparison Dynamics and Evolutionary Foundations for Nash Equilibrium. Econometrica, 769(3), 749–764.

Sandholm, W. H., Durlauf, S. N. and L. E. Blume (2008). Deterministic Evolutionary Dynamics. The New Palgrave Dictionary of Economics, 2nd edition, eds., Palgrave Macmillan.

Sandholm, W. H., E. Dokumaci, and F. Franchetti (2010). Dynamo: Diagrams for Evolutionary Game Dynamics, version 0.2.5. http://www.ssc.wisc.edu/whs/dynamo.

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Published

2022-08-09

How to Cite

Elena, G. (2022). Simulations of Evolutionary Models of a Stock Market. Contributions to Game Theory and Management, 7. Retrieved from https://gametheory.spbu.ru/article/view/13596

Issue

Vol. 7 (2014)

Section

Articles

License

Articles of "Contributions to Game Theory and Management" are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.