TY - BOOK AU - Shiozawa,Yoshinori AU - Nakajima,Yoshihiro AU - Matsui,Hiroyuki AU - Koyama,Yuhsuke AU - Taniguchi,Kazuhisa AU - Hashimoto,Fumihiko ED - SpringerLink (Online service) TI - Artificial Market Experiments with the U-Mart System T2 - Agent-Based Social Systems, SN - 9784431768234 AV - HF4999.2-6182 U1 - 650 PY - 2008/// CY - Tokyo PB - Springer Japan, Imprint: Springer KW - Business KW - Management science KW - Sociology KW - Finance KW - Business and Management, general KW - Sociology, general KW - Finance, general N1 - Practice -- How to Use the U-Mart Market Simulator -- How to Use the U-Mart System Network Edition -- Futures Market and U-Mart Experiment -- Application -- A Case of U-Mart Experiment by Human Agents -- Statistical Analysis of U-mart Experiments by Humans -- Possibility and Meaning of the U-Mart N2 - Economics went through great development in the 20th century. This development, which was based mainly on mathematical methods, is not an appropriate method of analyzing markets that change every hour and every day. In a stock market, prices constantly change depending on speculation. U-Mart, a manmade market, has been proposed in order to study such instantly moving markets. Although the U-Mart system is internationally acclaimed for being at the forefront of market research, its use is by no means limited to a small number of researchers on the fringe. The whole system, including its source code, is open and is distributed without charge, testifying to a philosophy of creating and providing a common test bed for research into financial markets UR - https://s443-doi-org.br.lsproxy.net/10.1007/978-4-431-76823-4 ER -