Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena
Average customer rating: 4 out of 5 stars
  • A good review of the topic - but not enough focus
Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena
Haim Levy , Moshe Levy , and Sorin Solomon
Manufacturer: Academic Press
ProductGroup: Book
Binding: Hardcover

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ASIN: 0124458904

Book Description

Microscopic Simulation (MS) uses a computer to represent and keep track of individual ("microscopic") elements in order to investigate complex systems which are analytically intractable. A methodology that was developed to solve physics problems, MS has been used to study the relation between microscopic behavior and macroscopic phenomena in systems ranging from those of atomic particles, to cars, animals, and even humans. In finance, MS can help explain, among other things, the effects of various elements of investor behavior on market dynamics and asset pricing. It is these issues in particular, and the value of an MS approach to finance in general, that are the subjects of this book. The authors not only put their work in perspective by surveying traditional economic analyses of investor behavior, but they also briefly examine the use of MS in fields other than finance.
Most models in economics and finance assume that investors are rational. However, experimental studies reveal systematic deviations from rational behavior. How can we determine the effect of investors' deviations from rational behavior on asset prices and market dynamics? By using Microscopic Simulation, a methodology originally developed by physicists for the investigation of complex systems, the authors are able to relax classical assumptions about investor behavior and to model it as empirically and experimentally observed. This rounded and judicious introduction to the application of MS in finance and economics reveals that many of the empirically-observed "puzzles" in finance can be explained by investors' quasi-rationality.
Researchers use the book because it models heterogeneous investors, a group that has proven difficult to model. Being able to predict how people will invest and setting asset prices accordingly is inherently appealing, and the combination of computing power and statistical mechanics in this book makes such modeling possible. Because many finance researchers have backgrounds in physics, the material here is accessible.

Key Features
* Emphasizes investor behavior in determining asset prices and market dynamics
* Introduces Microscopic Simulation within a simplified framework
* Offers ways to model deviations from rational decision-making

Customer Reviews:

4 out of 5 stars A good review of the topic - but not enough focus.......2000-12-20

I give it 4 stars for being one of the only books on the topic of microsimulation/agent-based modeling in finance.

The author's research is very interesting and promising. The book reviews similar microsimulation attempts by others.

However, there is no guidance as to the implementation of microsimulation studies in finance. The eauations/models of finance are easily found elsewhere .... but how do you turn them into a simulation project (?)...

Jane & Paulette's Guide to Successful Yardsaleing
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    Jane & Paulette's Guide to Successful Yardsaleing
    Jane Baskwill
    Manufacturer: Nimbus
    ProductGroup: Book
    Binding: Paperback

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    ASIN: 1551094665

    Book Description

    Whether it's an antique armoire or fifteen pairs of rubber boots you're looking for, the hunt can end on someone else’s cluttered front yard. In this light-hearted guide, two seasoned yardsalers share what they've learned about finding good times and good buys on the yard sale trail.

    The Handbook of Family Dispute Resolution: Mediation Theory and Practice (The Jossey-Bass Library of Conflict Resolution)
    Average customer rating: 3 out of 5 stars
    • A Nice Springboard for Discussion in Class
    The Handbook of Family Dispute Resolution: Mediation Theory and Practice (The Jossey-Bass Library of Conflict Resolution)
    Alison Taylor
    Manufacturer: Jossey-Bass
    ProductGroup: Book
    Binding: Hardcover

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    2. The Promise of Mediation: The Transformative Approach to Conflict The Promise of Mediation: The Transformative Approach to Conflict
    3. Divorce and Family Mediation: Models, Techniques, and Applications Divorce and Family Mediation: Models, Techniques, and Applications
    4. The Fundamentals of Family Mediation (S U N Y Series in Transpersonal and Humanistic Psychology) The Fundamentals of Family Mediation (S U N Y Series in Transpersonal and Humanistic Psychology)
    5. Mediator's Handbook Mediator's Handbook

    ASIN: 0787956392

    Book Description

    No matter your profession (attorney, clinician, family therapist) or skill level (seasoned professional or novice), The Handbook of Family Dispute Resolution is an invaluable resource that outlines the most effective mediation approaches, techniques, and skills. The Handbook of Family Dispute Resolution is a practical and comprehensive guide that includes

    Customer Reviews:

    3 out of 5 stars A Nice Springboard for Discussion in Class.......2007-06-01

    This is a terrific reference and a springboard for discussion in class, but as far as books go, it's nothing so terrific that would turn me on to mediation if I were in a book store flipping through books for something to read.

    The book is easy to read and follow as far as topics are concerned and if you need to look something up, topics are easy to find and outline.
    Mediation Practice Guide: A Handbook for Resolving Business Disputes
    Average customer rating: Not rated
      Mediation Practice Guide: A Handbook for Resolving Business Disputes
      Bennett G. Picker
      Manufacturer: American Bar Association
      ProductGroup: Book
      Binding: Paperback

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      ASIN: 1590311698

      Book Description

      Written in a user-friendly style, the book is intended for lawyers and businesspersons alike and provides invaluable and straightforward understanding of key suitabilty, preparation and advocacy issues in mediation.
      Conferencing Handbook: New Real Justice Training Manual
      Average customer rating: Not rated
        Conferencing Handbook: New Real Justice Training Manual
        Terry O'Connell , Ben Wachtel , and Ted Wachtel
        Manufacturer: Piper's Press
        ProductGroup: Book
        Binding: Paperback

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        3. The Little Book of Restorative Justice (Little Books of Justice & Peacebuilding Series) (The Little Books of Justice & Peacebuilding) The Little Book of Restorative Justice (Little Books of Justice & Peacebuilding Series) (The Little Books of Justice & Peacebuilding)
        4. The Little Book of Circle Processes : A New/Old Approach to Peacemaking (The Little Books of Justice and Peacebuilding Series) The Little Book of Circle Processes : A New/Old Approach to Peacemaking (The Little Books of Justice and Peacebuilding Series)
        5. Crime, Shame and Reintegration Crime, Shame and Reintegration

        ASIN: 0963388754
        Release Date: 1998-12-01

        Product Description

        "Conferencing Handbook: The New Real Justice Training Manual" by Terry O'Connell, Ben Wachtel and Ted Wachtel is a clearly conceived procedural guide to coordinating and facilitating conferences, covering the process of selecting cases, inviting participants, making preparations and running the conference itself. It is useful to anyone who wants to learn to facilitate conferences in school, criminal justice and other settings.

        The handbook begins with a chapter called "The Script," which presents the conference script and discusses its origins, the psychological and sociological theory used to develop the script, and the reasons why one would use a script.

        Chapter 2, "When to Run a Conference," discusses criteria for deciding whether to run a conference, who should facilitate conferences, needs of victims, and when a conference is not appropriate.

        Chapter 3, "Conference Preparation," provides detailed instruction on choosing a time and place for a conference, selecting and inviting participants, developing a seating plan, and making preparations.

        Chapter 4, "Running the Conference," takes the reader through the conference process, from setting up before the conference and seating participants to reaching an agreement and closing the conference. Each section of the script is explained with suggestions on how to handle various situations that arise.

        Chapter 5, "Establishing a Conferencing Program," offers advice to program coordinators, complemented by a plethora of sample literature and forms from actual conferencing programs, including Central City Neighborhoods Partnership (Minnesota), Piedmont Dispute Resolution Center (Virginia), and Hawke's Bay Restorative Justice Te Puna Wai Ora (New Zealand).

        The last chapter, "Restorative Practices -- Beyond the Formal Conference," provides a framework, examples and practical suggestions for incorporating the language and philosophy of the conference script in a range of less formal restorative interventions.

        The 168-page Handbook includes several illustrative diagrams, a preparation checklist, a conference seating planner, and data forms for record-keeping and conference evaluation. Quotes in the side margins highlight key points from the text.

        Arbitration in practice
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          Arbitration in practice

          Manufacturer: ILR Press
          ProductGroup: Book
          Binding: Unknown Binding

          Labor & EmploymentLabor & Employment | Business | Law | Subjects | Books
          ASIN: 0875461034
          Arbitration in Practice (ILR Press Books)
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            Arbitration in Practice (ILR Press Books)

            Manufacturer: Ilr Pr
            ProductGroup: Book
            Binding: Paperback

            All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
            ASIN: 0875461042
            Arbitration of Consumer Financial Services Disputes (Corporate Law and Practice Course Handbook Series)
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              Arbitration of Consumer Financial Services Disputes (Corporate Law and Practice Course Handbook Series)
              Alan S. Kaplinsky
              Manufacturer: Practising Law Institute
              ProductGroup: Book
              Binding: Hardcover

              GeneralGeneral | Administrative Law | Law | Subjects | Books
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              ASIN: 0872245748
              Bernstein's Handbook of Arbitration and Dispute Resolution Practice
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                Bernstein's Handbook of Arbitration and Dispute Resolution Practice
                John Tackaberry , Arthur Marriott , and Ronald Bernstein
                Manufacturer: Sweet & Maxwell
                ProductGroup: Book
                Binding: Paperback

                GeneralGeneral | Law | Subjects | Books
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                ASIN: 0421757604
                Handbook on Wto Trade Remedy Disputes: The First Six Years (1995-2000)
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                  Handbook on Wto Trade Remedy Disputes: The First Six Years (1995-2000)
                  Terence P. Stewart , and Amy S. Dwyer
                  Manufacturer: Transnational Publishers
                  ProductGroup: Book
                  Binding: Hardcover

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                  ASIN: 1571051953
                  International commercial litigation (Commercial law and practice course handbook series)
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                    International commercial litigation (Commercial law and practice course handbook series)

                    Manufacturer: Practising Law Institute
                    ProductGroup: Book
                    Binding: Unknown Binding

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                    ASIN: 0872245764
                    Bernstein's Handbook of Arbitration and Dispute Resolution Practice, 4th ed.(Book Review) : An article from: The Advocate
                    Average customer rating: Not rated
                      Bernstein's Handbook of Arbitration and Dispute Resolution Practice, 4th ed.(Book Review) : An article from: The Advocate
                      Ed Chiasson
                      Manufacturer: Thomson Gale
                      ProductGroup: Book
                      Binding: Digital

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                      ASIN: B000BIAQ4G
                      Release Date: 2005-10-14

                      Book Description

                      This digital document is an article from The Advocate, published by Thomson Gale on July 1, 2005. The length of the article is 1010 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

                      Citation Details
                      Title: Bernstein's Handbook of Arbitration and Dispute Resolution Practice, 4th ed.(Book Review)
                      Author: Ed Chiasson
                      Publication: The Advocate (Magazine/Journal)
                      Date: July 1, 2005
                      Publisher: Thomson Gale
                      Volume: 63 Issue: 4 Page: 612(3)

                      Article Type: Book Review

                      Distributed by Thomson Gale

                      Technologies for Rainfed Agriculture in Mediterranean Climates: A Review of World Bank Experiences (World Bank Technical Paper)
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                        Technologies for Rainfed Agriculture in Mediterranean Climates: A Review of World Bank Experiences (World Bank Technical Paper)
                        Peter A. Oram , and Cornelis De Haan
                        Manufacturer: World Bank Publications
                        ProductGroup: Book
                        Binding: Paperback

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                        ASIN: 0821334336

                        The Art of Writing Reasonable Organic Reaction Mechanisms
                        Average customer rating: 5 out of 5 stars
                        • basics for organic chemist
                        • Excellent Book on Mechanisms
                        • Money well spent.
                        • Orgo Made Easy!
                        • Surprisingly Easy to Read and Understand
                        The Art of Writing Reasonable Organic Reaction Mechanisms
                        Robert B. Grossman
                        Manufacturer: Springer
                        ProductGroup: Book
                        Binding: Hardcover

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                        4. Advanced Organic Chemistry, Fourth Edition - Part B: Reaction and Synthesis (Advanced Organic Chemistry / Advanced Organic Chemistry) Advanced Organic Chemistry, Fourth Edition - Part B: Reaction and Synthesis (Advanced Organic Chemistry / Advanced Organic Chemistry)
                        5. Name Reactions: A Collection of Detailed Reaction Mechanisms Name Reactions: A Collection of Detailed Reaction Mechanisms

                        Accessories:
                        1. Introduction to Proteomics: Tools for the New Biology Introduction to Proteomics: Tools for the New Biology
                        2. Conditional Mutagenesis: An Approach to Disease Models (Handbook of Experimental Pharmacology) Conditional Mutagenesis: An Approach to Disease Models (Handbook of Experimental Pharmacology)
                        3. Transient Receptor Potential (TRP) Channels (Handbook of Experimental Pharmacology) Transient Receptor Potential (TRP) Channels (Handbook of Experimental Pharmacology)

                        ASIN: 0387954686

                        Book Description

                        Intended for students of intermediate organic chemistry, this text shows how to write a reasonable mechanism for an organic chemical transformation. The discussion is organized by types of mechanisms and the conditions under which the reaction is executed, rather than by the overall reaction as is the case in most textbooks. The treatment emphasizes unifying principles, showing how common mechanisms link seemingly disparate reactions. Each chapter discusses common mechanistic pathways and suggests practical tips for drawing them. Worked problems are included in the discussion of each mechanism, and "common error alerts" are scattered throughout the text to warn readers about pitfalls and misconceptions that bedevil students. Each chapter is capped by a large problem set.

                        The author has drawn on his own research and the current literature to ensure that appropriate attention is given to topics across the range of modern organic chemistry. The text is unique in its inclusion of a chapter on reactions mediated or catalyzed by transition metals, an area in which mechanistic understanding is now essential. Relatively new topics such as olefin metathesis and cycloaromatization are covered without giving short shrift to more traditional areas such as carbonyl chemistry. The text assumes a basic knowledge of organic chemistry. It can be used either in a formal course or by students working on their own, and will be particularly useful for graduate students studying for qualifying examinations. It will also be useful to students and researchers in biochemistry, pharmacology, and inorganic chemistry.

                        "This is an excellent and well-presented work.... The author ... has succeeded well in treating the central ideas of reactivity and selectivity in an integrated whole. The clear style of writing, the well chosen examples, and the ... concise summaries of the main points provided at the end of each chapter should enable the reader to easily consolidate what has been learned.... The book is indeed a little work of art."

                        -- Jens Hartung, Angewandte Chemie International Edition

                        "I have taught a one-credit course with this book for three years, and, uniformly, the students have rated this book highly for its clarity and for the scope of the problems. ... This book does an excellent job at its stated goal: 'to teach students to come up with reasonable mechanisms for reactions they have never seen before.'"

                        -- Amy Howell, Synthesis

                        "I have just finished my first year of graduate studies in organic chemistry at Duke University. I just wanted to let you know how much your book got me through the past year of course work.... When it came to mechanisms, I found the clarity and thoroughness I needed only in your book. It was impressive how you were able to present so much information in a clear and comprehensive manner yet keep the book so manageable in size. In addition to the text, I also was able to benefit from the problems.... Great practice!! The on-line answers are much better than looking up answers by reference.... I am reading it again this summer in preparation for my preliminary exam next spring."

                        -- David Gooden

                        Customer Reviews:

                        5 out of 5 stars basics for organic chemist.......2007-05-10

                        This book is excellent for reaction mechanism. This book is helpful for the undergraduate's organic chem 2 and the grad school's reaction mechanism class. I learned how to move the electron in reasonable way. So in one word, this book is awesome book that I ever read for practicing reaction mechanism.

                        5 out of 5 stars Excellent Book on Mechanisms.......2006-11-04

                        I bought this book to practice mechanisms because I'll be taking a physical organic class in the spring that uses them heavily. I used this book instead of sitting in on a sophomore organic class, because by job as a TA conflicted.

                        Anyway, this book is extraordinary. Dr. Grossman has taught me so many things about how to write a correct mechanism and how to recognize a bad mechanism when I see one. The book is written in a very clear and friendly manner and it's really quite hard to put down when you start reading it.

                        The book also has practice problems and the book's website has the answers, giving even more incentive to practice mechanisms.

                        5 out of 5 stars Money well spent........2006-03-21

                        This compact but content-rich book is ideal for students who have completed at least their first year of organic chemistry (some physical chemistry is helpful but not critical) and wish to improve their understanding of the subject. The writing style is generally remarkably clear and readable; the author manages to make an inherently intimidating subject surprisingly easy to approach and understand.

                        I would recommend it to any student of chemistry, regardless of whether it fits into your scheduled courses.

                        5 out of 5 stars Orgo Made Easy!.......2005-09-30

                        This book is a condensed version of my text book. With this book, GOD and "Orgo for dummies", I aced Organic the first time through.

                        5 out of 5 stars Surprisingly Easy to Read and Understand.......2005-09-04

                        Being a PhD student in organic chemistry, I have read a lot of chemistry books in my days, and never have I come across a book that's understandable without a teacher's explanation. The numerous examples and pictures makes understanding what the author is writing about a breeze. I would highly suggest this book to anyone who is looking into pursuing a degree in Chemistry. It has already helped me out a great deal and I'm barely half way through!
                        Writing Reaction Mechanisms in Organic Chemistry (Advanced Organic Chemistry)
                        Average customer rating: 5 out of 5 stars
                        • A big step towards the understanding of organic chemistry
                        Writing Reaction Mechanisms in Organic Chemistry (Advanced Organic Chemistry)
                        Audrey Miller , and Philippa H. Solomon
                        Manufacturer: Academic Press
                        ProductGroup: Book
                        Binding: Paperback

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                        5. Name Reactions: A Collection of Detailed Reaction Mechanisms Name Reactions: A Collection of Detailed Reaction Mechanisms

                        ASIN: 0124967124

                        Book Description

                        Writing Reaction Mechanisms in Organic Chemistry, Second Edition, is an invaluable guide to charting the movements of atoms and electrons in the reactions of organic molecules. Miller and Solomon illustrate that understanding organic reactions is based on applying general principles rather than the rote memorization of unrelated processes, and, in turn, emphasize that writing mechanisms is a practical method of applying knowledge of previously encountered reactions and reaction conditions to new reactions. Students and research chemists alike will find this book useful in providing a method of organizing and synthesizing an oftentimes overwhelming quantity of information into a set of general principles and guidelines for determining and describing organic reaction mechanisms.

                        * Essential for those students who need to have mechanisms explained in greater detail than most organic chemistry textbooks provide.
                        * Illustrated with hundreds of chemical structures
                        * Extensively rewritten and reorganized to make the presentation and format even easier for students to use
                        * Contains many problem sets and answers to all problems to help students work through general principles and applications
                        * Appendixes have been added to this edition that contain easily referenced information on Lewis structures, symbols for chemical notation, and the relative acidities of common substances

                        Customer Reviews:

                        5 out of 5 stars A big step towards the understanding of organic chemistry.......2000-02-04

                        This book is made for those who think that Organic Chemistry is just a succession of empirical reactions. If you have problems memorizing your Organic course this book should help a lot. All along the text you will learn how to derive a plausible mechanism for a given reaction. Miller did a great job in demonstrating that there is logic in Organic Chemistry. Moreover the book provides solid tools for those who plan to move towards more advanced concepts. This second edition displays a much improved presentation. A must, affordable, simple and efficient.
                        Writing Reaction Mechanisms In Organic Chemistry
                        Average customer rating: Not rated
                          Writing Reaction Mechanisms In Organic Chemistry
                          Audrey Miller
                          Manufacturer: ACADEMIC PRESS INC.
                          ProductGroup: Book
                          Binding: Paperback
                          ASIN: B000WS228S
                          Writing Reaction Mechanisms in Organic Chemistry (Advanced Organic Chemistry)
                          Average customer rating: Not rated
                            Writing Reaction Mechanisms in Organic Chemistry (Advanced Organic Chemistry)
                            Philippa H. Solomon Audrey Miller
                            Manufacturer: Academic Press
                            ProductGroup: Book
                            Binding: Paperback
                            ASIN: B000OH3JTS

                            Living Universe Series: Universe, Planet Earth, Evolution, Set (Living Universe Series)
                            Average customer rating: Not rated
                              Living Universe Series: Universe, Planet Earth, Evolution, Set (Living Universe Series)
                              Macmillan Library Reference
                              Manufacturer: MacMillan Reference Books
                              ProductGroup: Book
                              Binding: Hardcover

                              CosmologyCosmology | Astronomy | Science | Subjects | Books
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                              The Revolution in Physics: A Non-Mathematical Survey of Quanta
                              Average customer rating: Not rated
                                The Revolution in Physics: A Non-Mathematical Survey of Quanta
                                Ralph W. Niemeyer
                                Manufacturer: The Noonday Press
                                ProductGroup: Book
                                Binding: Paperback
                                ASIN: B000J0XRZ6
                                The Revolution in Physics: A Non-Mathematical Survey of Quanta
                                Average customer rating: Not rated
                                  The Revolution in Physics: A Non-Mathematical Survey of Quanta
                                  Louis De Broglie
                                  Manufacturer: Noonday Press
                                  ProductGroup: Book
                                  Binding: Paperback
                                  ASIN: B000MBX8SS
                                  The Revolution in Physics: a Non-Mathematical Survey of Quanta
                                  Average customer rating: Not rated
                                    The Revolution in Physics: a Non-Mathematical Survey of Quanta

                                    Manufacturer: Noonday Press,
                                    ProductGroup: Book
                                    Binding: Hardcover
                                    ASIN: B000FMFJZY
                                    The revolution in physics: A non-mathematical survey of quanta
                                    Average customer rating: Not rated
                                      The revolution in physics: A non-mathematical survey of quanta
                                      Louis de Broglie
                                      Manufacturer: Noonday Press
                                      ProductGroup: Book
                                      Binding: Unknown Binding

                                      GeneralGeneral | Physics | Science | Subjects | Books
                                      Quantum TheoryQuantum Theory | Physics | Science | Subjects | Books
                                      ASIN: B0007G309U
                                      The Revolution in Physics: A Non-Mathematical Survey of Quanta. 1953 Edition
                                      Average customer rating: Not rated
                                        The Revolution in Physics: A Non-Mathematical Survey of Quanta. 1953 Edition
                                        Louis de Broglie
                                        Manufacturer: Noonday
                                        ProductGroup: Book
                                        Binding: Hardcover
                                        ASIN: B000LO9JYI
                                        The Revolution in Physics:  A Non-Mathematical Survey of Quanta
                                        Average customer rating: Not rated
                                          The Revolution in Physics: A Non-Mathematical Survey of Quanta
                                          Louis De Broglie
                                          Manufacturer: Noonday/Farrar Straus
                                          ProductGroup: Book
                                          Binding: Hardcover
                                          ASIN: B000J0VH1M
                                          The Revolution in Physics:  A Non-Mathematical Survey of Quanta
                                          Average customer rating: Not rated
                                            The Revolution in Physics: A Non-Mathematical Survey of Quanta
                                            Louis De Broglie
                                            Manufacturer: Noonday/Farrar Straus
                                            ProductGroup: Book
                                            Binding: Paperback
                                            ASIN: B000UDXDVA

                                            Ask Rosalyn!
                                            Average customer rating: Not rated
                                              Ask Rosalyn!
                                              Diana Milasky-Polhamus
                                              Manufacturer: Xlibris Corporation
                                              ProductGroup: Book
                                              Binding: Hardcover

                                              ComicComic | General | Literature & Fiction | Subjects | Books
                                              GeneralGeneral | Humor | Entertainment | Subjects | Books
                                              ASIN: 0738851779

                                              Book Description

                                              We're going to take a journey, with a free-wheeling 90 (or so) year old Dame Edna, Phylis Diller, Auntie Mame character named Rosalyn!. We'll follow her as she becomes the first Foreign Correspondent for The Genoa Enterprise, in Nevada, and was sent to cover the Gulf War.

                                              When Rosalyn! retired to Bangkok, she found many more adventures to be had, to include being the first 90 (or so) year old Go-Go-Girl on Soi Cowboy. . . at a place called "Pam's Place". There's even a list of phrases to be used in the Middle East.

                                              So fasten your seat belts. . . it's going to be a fun ride today!

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                                              7. Principles of Accounting, with Annual Report, Student Workbook, Vol. II
                                              8. Principles of Accounting, with Annual Report, Student Workbook, Vol. I
                                              9. Proli Footware, Inc.
                                              10. Property-Liability Insurance Accounting and Finance (4th ed)(Item #11103)

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