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Quantitative Finance · Glosario

¿Qué es Agent-based model?

Definition 27.1 Microstructure and Execution · Capítulo 27 — Build: an Agent-Based Market

An agent-based model of a market is a simulation in which prices and volumes are not specified but emerge from the orders of many simulated traders (agents), each following its own rule with its own information, through a trading mechanism such as a limit order book.

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