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[Swarm-Modelling] [Fwd: Re: ABMs in finance
From: |
Steve Railsback |
Subject: |
[Swarm-Modelling] [Fwd: Re: ABMs in finance |
Date: |
Fri, 21 Apr 2006 09:13:51 -0700 |
User-agent: |
Thunderbird 1.5 (Windows/20051201) |
-------- Original Message --------
From: Pietro Terna <address@hidden>
Reply-To: SwarmFest 2006 Organizers list <address@hidden>
At 03.55 21/04/2006, you wrote:
I'm not a big believer in ABM w.r.t. finance as it is one area where
there are huge perfect datasets.. In my experience it seems
pointless to `extend' them using simulations.
I disagree totally: abm in finance is about behavior (as a
Marcus work points out), not data generation.
Pietro
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