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This paper presents a simulative model of a financial market, based on a fully operating order book with limit and market orders. The heterogeneity of traders is characterized not only with regards to their trading rules, but also by introducing a behavioral individual risk aversion and a...
Persistent link: https://www.econbiz.de/10011755685
This paper presents a simulative model of a financial market, based on a fully operating order book with limit and market orders. The heterogeneity of traders is characterized not only with regards to their trading rules, but also by introducing a behavioral individual risk aversion and a...
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Researchers who study crime and justice have been forecasting a variety of outcomes for nearly a century. Perhaps the … forecasts have been properly evaluated. In the hope of improving crime and justice forecasts in the future, this article reviews … modern forecasting methods and their applications to crime and justice questions. Among the key challenges for researchers …
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