Analysis of System Behavior through Cognitive Architectures
Abstract
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.
Recommended Citation
N. H. Kilicay et al., "Analysis of System Behavior through Cognitive Architectures," Proceedings of the 2007 International Conference on Artificial Intelligence, ICAI 2007, vol. 1, pp. 50 - 55, Springer, Dec 2007.
Department(s)
Engineering Management and Systems Engineering
Keywords and Phrases
Agent-based simulation; Artificial stock market; Bias mechanisms; Cognitive architectures; Learning classifier systems
International Standard Book Number (ISBN)
978-160132025-4
Document Type
Article - Conference proceedings
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2024 Springer, All rights reserved.
Publication Date
01 Dec 2007
