Complex adaptive financial environment

Ron Even, Bud Mishra

Research output: Contribution to conferencePaper

Abstract

This paper describes the Complex Adaptive Financial Environment (CAFE), a simulator for complex adaptive systems implemented in Java. CAFE's object oriented design makes it suitable for many types of simulation. We give an example of a market simulation where food is traded for gold and explore the effects of adding several kinds of speculators to the system. This paper describes the software structure and design of CAFE, building upon the object-oriented and distributed features of the Java programming language. Although the primary application for this system is in the computational finance area, we envision a much more general usage.

Original languageEnglish (US)
Pages20-25
Number of pages6
StatePublished - 1996
EventProceedings of the IEEE/IAFE 1996 Conference on Computational Intelligence for Financial Engineering, CIFEr - New York, NY, USA
Duration: Mar 24 1996Mar 26 1996

Other

OtherProceedings of the IEEE/IAFE 1996 Conference on Computational Intelligence for Financial Engineering, CIFEr
CityNew York, NY, USA
Period3/24/963/26/96

ASJC Scopus subject areas

  • Computer Science(all)
  • Economics, Econometrics and Finance(all)
  • Engineering(all)

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  • Cite this

    Even, R., & Mishra, B. (1996). Complex adaptive financial environment. 20-25. Paper presented at Proceedings of the IEEE/IAFE 1996 Conference on Computational Intelligence for Financial Engineering, CIFEr, New York, NY, USA, .