A Report of U-Mart Experiments as an Educational Courseware
This article reports results of a series of U-Mart experiments as an educational courseware. The participants in the experiments were 22 third year university students and 20 computer programmed software machine agents. This series of the experiments is the first test which was performed systematically by more than 20 human trader agents.
First, conditions of the experiments are explained; second, results of the series of the experiments are reported. Contents of the acquired results are as follows; settled profits, order volume, rate of contracted volume, volume of order, and position control. Though the obtained consequences may be definitive, they would enlighten tendencies and peculiarities of human conducts in financial market such as U-Mart system.
Key wordsU-Mart Human trader Simulation Educational Courseware
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