Complex Network Minority Game Model for the Financial Market Modeling and Simulation

This paper proposes a new financial market model based on the analysis of the minority game model. The agent in this model forms a network through information sharing, and the agent uses the minority game model to realize the evolution of the system. To better describe the financial market, we also...

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Main Author: Lingyun Chen
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/8877886
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author Lingyun Chen
author_facet Lingyun Chen
author_sort Lingyun Chen
collection DOAJ
description This paper proposes a new financial market model based on the analysis of the minority game model. The agent in this model forms a network through information sharing, and the agent uses the minority game model to realize the evolution of the system. To better describe the financial market, we also adopt a prior connection strategy for the model. The network formed by the agent has the characteristics of a scale-free network, and as the initial network connection probability increases, the growth rate of the corresponding agent’s average connection degree increases and then decreases after reaching the peak.
format Article
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institution Kabale University
issn 1076-2787
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language English
publishDate 2020-01-01
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spelling doaj-art-a6497fa30a9b4e08a451c1a57cf169252025-08-20T03:38:44ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/88778868877886Complex Network Minority Game Model for the Financial Market Modeling and SimulationLingyun Chen0School of Business, Xi’an International University, Xi’an, Shaanxi 710077, ChinaThis paper proposes a new financial market model based on the analysis of the minority game model. The agent in this model forms a network through information sharing, and the agent uses the minority game model to realize the evolution of the system. To better describe the financial market, we also adopt a prior connection strategy for the model. The network formed by the agent has the characteristics of a scale-free network, and as the initial network connection probability increases, the growth rate of the corresponding agent’s average connection degree increases and then decreases after reaching the peak.http://dx.doi.org/10.1155/2020/8877886
spellingShingle Lingyun Chen
Complex Network Minority Game Model for the Financial Market Modeling and Simulation
Complexity
title Complex Network Minority Game Model for the Financial Market Modeling and Simulation
title_full Complex Network Minority Game Model for the Financial Market Modeling and Simulation
title_fullStr Complex Network Minority Game Model for the Financial Market Modeling and Simulation
title_full_unstemmed Complex Network Minority Game Model for the Financial Market Modeling and Simulation
title_short Complex Network Minority Game Model for the Financial Market Modeling and Simulation
title_sort complex network minority game model for the financial market modeling and simulation
url http://dx.doi.org/10.1155/2020/8877886
work_keys_str_mv AT lingyunchen complexnetworkminoritygamemodelforthefinancialmarketmodelingandsimulation