Remaking markets

Brian Arthur's attempt to mimic inductive reasoning on a computer was an effort to push economics in a new direction, one that would be much closer to reality. Arthur's market computer model research is discussed.

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Bibliographic Details
Published in:Far Eastern Economic Review 1993-03, Vol.156 (12), p.50
Main Author: Johnstone, Bob
Format: Article
Language:English
Subjects:
Arthur, Brian
Computer based modeling
Securities markets
Online Access:Get full text
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Summary:Brian Arthur's attempt to mimic inductive reasoning on a computer was an effort to push economics in a new direction, one that would be much closer to reality. Arthur's market computer model research is discussed.
ISSN:0014-7591
1563-9339