{"product_id":"agent-based-simulation-in-finance-9783639491135","title":"Agent-Based Simulation in Finance","description":"\u003cp\u003e • Author(s): Jason Thomas Wilmans\u003cbr\u003e • Publisher: AV Akademikerverlag\u003cbr\u003e • Publisher Imprint: AV Akademikerverlag\u003cbr\u003e • BISAC: General\u003c\/p\u003e\u003cp\u003eMutli-agent based simulation models allow for the research of economic questions differently than before. This thesis builds a multi-agent based simulation model of the U.S. financial market, to examine the behavior of banks within it. Although the focus is on the credit market, a sub-goal is to build a complete model of the market. This is due to the observation, that in the 2007 financial crisis, seemingly small adjustments in one market of the U.S. led to a world-wide shock to the financial system. While designing, some existing ACE-models are adapted as well as new ones incorporated. The simulation model includes ideas for models of banks, hedge funds, the Federal Reserve System, a stock trading simulation, an information market and federal, as well as corporate and private household, credit customers.\u003c\/p\u003e","brand":"Atlantic Books","offers":[{"title":"Paperback","offer_id":46499417784471,"sku":"9783639491135","price":3308.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783639491135.webp?v=1769193137","url":"https:\/\/atlanticbooks.com\/products\/agent-based-simulation-in-finance-9783639491135","provider":"Atlantic Books","version":"1.0","type":"link"}