Artificial Markets under a Complexity Perspective

Número: 
510
Publicado: 
Clasificación JEL: 
G1, G12, G39
Palabras clave: 
Adaptive agents, artificial markets, constrained generating procedures, fuzzy logic and genetic algorithms.

The focus of this study is to build, from the "bottom-up", a market with artificially intelligent adaptive agents based on the institutional arrangement of the Colombian Foreign Exchange Market (1994-1999) in order to determine simple agents' design, rule