Models of Financial Market Information Ecology

  • Damien Challet
Part of the New Economic Windows book series (NEW)


I discuss a new simple framework that allows a more realistic modelling of speculation. The resulting model features expliciting position holding, contagion between predictability patterns, allows for an explicit measure of market inefficiency and substantiates the use of the minority game to study information ecology in financial markets.


Strategy Space Price Return Price Impact Information Ecology Market Impact 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Italia 2006

Authors and Affiliations

  • Damien Challet
    • 1
  1. 1.Nomura Centre for Quantitative Finance, Mathematical InstituteOxford UniversityOxfordUK

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