Title :
CAFE´: a Complex Adaptive Financial Environment
Author :
Even, Ron ; Mishra, Bud
Author_Institution :
Courant Inst. of Math. Sci., New York, NY, USA
Abstract :
Describes the Complex Adaptive Financial Environment (CAFE´), a simulator for complex adaptive systems implemented in Java. CAFE´´s object-oriented design makes it suitable for many types of simulation. We give an example of a market simulation where food is traded for gold and explore the effects of adding several kinds of speculators to the system. This paper describes the software structure and design of CAFE´, building upon the object-oriented and distributed features of the Java programming language. Although the primary application for this system is in the computational finance area, we envision a much more general usage
Keywords :
adaptive systems; commerce; digital simulation; financial data processing; object-oriented programming; CAFE; Complex Adaptive Financial Environment; Java programming language; complex adaptive systems simulation; computational finance; distributed features; food; gold; market simulation; object-oriented design; software structure; speculators; trading; Adaptive systems; Analytical models; Biological system modeling; Computational modeling; Distributed computing; Finance; Java; Object oriented modeling; Software maintenance; Switches;
Conference_Titel :
Computational Intelligence for Financial Engineering, 1996., Proceedings of the IEEE/IAFE 1996 Conference on
Conference_Location :
New York City, NY
Print_ISBN :
0-7803-3236-9
DOI :
10.1109/CIFER.1996.501818
