scholarly journals Cellular Automata based Artificial Financial Market

10.5772/15805 ◽  
2011 ◽  
Author(s):  
Jingyuan Ding
Keyword(s):  
Cellular Automata ◽  
Financial Market

Stock price fluctuation as a diffusion in a random environment

1994 ◽  
Vol 347 (1684) ◽  
pp. 471-483 ◽  
Keyword(s):  
Cellular Automata ◽  
Financial Market ◽  
Random Environment ◽  
Stock Prices ◽  
Stock Price ◽  
Diffusion Limit ◽  
Large Set ◽  
Joint Work ◽  
Probabilistic Cellular Automata ◽  
Different Types

The fluctuation of stock prices is modelled as a sequence of temporary equilibria on a financial market with different types of agents. I summarize joint work with M. Schweizer on the class of Ornstein-Uhlenbeck processes in a random environment which appears in the diffusion limit. Moreover, it is shown how the random environment may be generated by the interaction of a large set of agents modelled by Markov chains as they appear in the theory of probabilistic cellular automata.

A TCAD tool for the simulation of the CVD process based on cellular automata

2001 ◽  
Vol 11 (PR3) ◽  
pp. Pr3-205-Pr3-212
Author(s):  
G. Ch. Sirakoulis ◽  
I. Karafyllidis ◽  
A. Thanailakis
Keyword(s):  
Cellular Automata

External Factors of Big Business Transformation in Russia

2005 ◽  
pp. 72-89 ◽  
Author(s):  
Ya. Pappe ◽  
Ya. Galukhina
Keyword(s):  
Financial Market ◽  
Capital Market ◽  
Business Groups ◽  
External Factors ◽  
Big Business ◽  
Business Transformation ◽  
Global Standards ◽  
The World ◽  
Principal Subject

The paper is devoted to the role of the global financial market in the development of Russian big business. It proves that terms and standards posed by this market as well as opportunities it offers determine major changes in Russian big business in the last three years. The article examines why Russian companies go abroad to attract capital and provides data, which indicate the scope of this phenomenon. It stresses the effects of Russian big business’s interaction with the world capital market, including the modification of the principal subject of Russian big business from integrated business groups to companies and the changes in companies’ behavior: they gradually move away from the so-called Russian specifics and adopt global standards.

Russian Banking Sector under World Financial Market Uncertainty: Problems and Prospects

2008 ◽  
pp. 4-19 ◽  
Author(s):  
A. Ulyukaev ◽  
E. Danilova
Keyword(s):  
Emerging Markets ◽  
Financial Market ◽  
Banking Sector ◽  
Financial System ◽  
Local Market ◽  
Market Uncertainty ◽  
Balanced Growth ◽  
Banking Sector Development ◽  
The World ◽  
The Usa

The authors point out that the local market crisis - on the USA substandard loan market - has led to the uncertainty of the world financial market. It has caused the growing demand for liquidity in the framework of the world financial system. The Russian banking sector seems to be more stable under negative changes than banking systems of other emerging markets. At the same time one can assume that the crisis will become the factor of qualitative shift in the character of the Russian banking sector development - the shift from impetuous to more balanced growth.

Sign in / Sign up

Export Citation Format

Share Document