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Models of Financial Market Information Ecology

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Econophysics of Stock and other Markets

Part of the book series: New Economic Windows ((NEW))

Summary

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.

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Author information

Authors and Affiliations

  1. Nomura Centre for Quantitative Finance, Mathematical Institute, Oxford University, 24-29 St Giles’, Oxford, OX1 3LB, UK

    Damien Challet

Authors
  1. Damien Challet
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Editor information

Editors and Affiliations

  1. Theoretical Condensed Matter Physics Division and Centre for Applied Mathematics and Computational Science, Saha Institute of Nuclear Physics, Kolkata, India

    Arnab Chatterjee  & Bikas K Chakrabarti  & 

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© 2006 Springer-Verlag Italia

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Challet, D. (2006). Models of Financial Market Information Ecology. In: Chatterjee, A., Chakrabarti, B.K. (eds) Econophysics of Stock and other Markets. New Economic Windows. Springer, Milano. https://doi.org/10.1007/978-88-470-0502-0_10

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