Over the past two decades, financial market crises with similar features have occurred in different regions of the world. Unstable cross-market linkages during a crisis are referred to as financial contagion. We simulate crisis transmission in the context of a model of market participants...

Key Features:Includes balanced discussions on theory and practiceProvides readers with various practical ways of modeling and reasoning with agent epistemic states for decision making, such as resolution-based logic programming paradigm, Bayesian belief networks, and modal resolution...

This book reconciles the existence of technical trading with the Efficient Market Hypothesis. By analyzing a well-known agent-based model, the Santa Fe Institute Artificial Stock Market (SFI-ASM), it finds that when selective forces are weak, financial evolution cannot guarantee that only the...

"This book provides a comprehensive review of the most recent advances in agent and Web service technologies. It provides an integrated view of the most recent contributions which support formation, integration, collaboration, and operation in virtual enterprise. Readers will gain insight from...

"This book delivers definitive research on the use of agent technologies to advance the practice of electronic business in today's organizations, targeting the needs of enterprises in open and dynamic business opportunities to incorporate skilled use of multiple independent information systems....