2010

Conférence

8ème ENIM IFAC Conférence Internationale de Modélisation et Simulation (MOSIM’2010), Mai 2010. Hammamet, Tunisia

We introduce in this paper a new conceptual model representing the stock market dynamics.
This model is essentially based on cognitive behavior of the investors. In order to validate our model, we
build an artificial stock market simulation based on agent-oriented methodologies. The proposed simulator
is composed of market supervisor agent essentially responsible for executing transactions via an order
book and various kinds of investor agents depending to their profile. The purpose of this simulation is to
understand the influence of psychological character of an investor and its neighborhood on its decision-making
and their impact on the market in terms of price fluctuations. Interactions between investors and information
exchange during a transaction reproduce the market dynamics and organize the multi-agent based pricing.

Kodia, Z., Said, L. B., & Ghedira, K. (2010). A multi-agent based pricing: A virtual stock market simulation. In 8th International Conference of Modeling and Simulation-MOSIM’10-Hammamet–Tunisia” Evaluation and optimization of innovative production systems of goods and services.