Title of article
Modelling an imperfect market
Author/Authors
Raul Donangelo، نويسنده , , Alex Hansen، نويسنده , , Kim Sneppen، نويسنده , , Sergio R. Souza، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2000
Pages
10
From page
469
To page
478
Abstract
We propose a simple market model where agents trade different types of products with each other by using money, relying only on local information. Value fluctuations of single products, combined with the condition of maximum profit in transactions, readily lead to persistent fluctuations in the wealth of individual agents
Journal title
Physica A Statistical Mechanics and its Applications
Serial Year
2000
Journal title
Physica A Statistical Mechanics and its Applications
Record number
866675
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