Nonlinear Sciences – Adaptation and Self-Organizing Systems
Scientific paper
1999-12-10
Computing in Science and Engineering, Nov. - Dec. 1999 (IEEE)
Nonlinear Sciences
Adaptation and Self-Organizing Systems
13 pages, 5 figures
Scientific paper
Physicists have recently begun doing research in finance, and even though
this movement is less than five years old, interesting and useful contributions
have already emerged. This article reviews these developments in four areas,
including empirical statistical properties of prices, random-process models for
price dynamics, agent-based modeling, and practical applications.
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