Analysis of System Behavior through Cognitive Architectures
This paper focuses on utilization of multiagent systems and cognitive architectures for analysis of financial market dynamics. Sloman's H-Cogaff cognitive architecture is utilized as a blue-print to design trader architecture (Sloman 2002). The trader architecture combines a Markov-based bias mechanism and an XCS classifier based learning mechanism. An agent-based artificial stock market is designed to observe trader behavior and market price dynamics. Initial results reveal that the bias mechanism affects price dynamics and results in deviation of the stock price from the efficient market price.
D. L. Enke et al., "Analysis of System Behavior through Cognitive Architectures," Proceedings of the 2007 International Conference on Artificial Intelligence, Jan 2007.
Engineering Management and Systems Engineering
Keywords and Phrases
Cognitive Architectures; Agent-Based Simulation; Artificial Stock Market; Bias Mechanisms; Learning Classifier Systems
Article - Conference proceedings