Fetching the paper…
Reading the bibliography…
Human decision-making in real-life deviates significantly from the optimal decisions made by fully rational agents, primarily due to computational limitations or psychological biases.
1902
Earlier work this paper cites.
1904
Earlier work this paper cites.
1906
Earlier work this paper cites.
1906
Earlier work this paper cites.
Samuelson, Paul A. 1937. “A note on measurement of utility.” The review of economic studies 4 (2): 155–161
1937
Earlier work this paper cites.
Simon, Herbert A. 1955. “A behavioral model of rational choice.” The quarterly journal of economics 99–118
1955
Earlier work this paper cites.
Fama, Eugene F. 1970. “Efficient capital markets: A review of theory and empirical work.” The journal of Finance 25 (2): 383–417
1970
Earlier work this paper cites.
Mischel, Walter, and Ebbe B Ebbesen. 1970. “Attention in delay of gratification.” Journal of personality and social psychology 16 (2): 329
1970
Earlier work this paper cites.
Ainslie, George. 1975. “Specious reward: a behavioral theory of impulsiveness and impulse control.” Psychological bulletin 82 (4): 463
1975
Earlier work this paper cites.
Kahneman, Daniel, and Amos Tversky. 1979. “Prospect Theory: An Analysis of Decision under Risk.” Econometrica 47 (2): 263–292
1979
Earlier work this paper cites.
Thaler, Richard H, and Hersh M Shefrin. 1981. “An economic theory of self-control.” Journal of political Economy 89 (2): 392–406
1981
Earlier work this paper cites.
Mazur, James E. 1985. “Probability and delay of reinforcement as factors in discrete-trial choice.” Journal of the Experimental Analysis of Behavior 43 (3): 341–351
1985
Earlier work this paper cites.
Rothblum, Esther D, Laura J Solomon, and Janice Murakami. 1986. “Affective, cognitive, and behavioral differences between high and low procrastinators.” Journal of counseling psychology 33 (4): 387
1986
Earlier work this paper cites.
Malkiel, Burton G. 1989. “Efficient market hypothesis.” In Finance , 127–134. Springer
1989
Earlier work this paper cites.
Simon, Herbert A. 1990. “Bounded rationality.” In Utility and probability , 15–18. Springer
1990
Earlier work this paper cites.
Ainslie, George. 1992. Picoeconomics: The strategic interaction of successive motivational states within the person . Cambridge University Press
1992
Earlier work this paper cites.
Tversky, Amos, and Daniel Kahneman. 1992. “Advances in prospect theory: Cumulative representation of uncertainty.” Journal of Risk and uncertainty 5: 297–323
1992
Earlier work this paper cites.
Green, Leonard, Nathanael Fristoe, and Joel Myerson. 1994. “Temporal discounting and preference reversals in choice between delayed outcomes.” Psychonomic Bulletin & Review 1: 383–389
1994
Earlier work this paper cites.
Benartzi, Shlomo, and Richard H Thaler. 1995. “Myopic loss aversion and the equity premium puzzle.” The quarterly journal of Economics 110 (1): 73–92
1995
Earlier work this paper cites.
Green, Leonard, Joel Myerson, and Edward McFadden. 1997. “Rate of temporal discounting decreases with amount of reward.” Memory & cognition 25: 715–723
1997
Earlier work this paper cites.
Simon, Herbert Alexander. 1997. Models of bounded rationality: Empirically grounded economic reason . Vol. 3. MIT press
1997
Earlier work this paper cites.
Thaler, Richard H, Amos Tversky, Daniel Kahneman, and Alan Schwartz. 1997. “The effect of myopia and loss aversion on risk taking: An experimental test.” The quarterly journal of economics 112 (2): 647–661
1997
Earlier work this paper cites.
Olsen, Robert A. 1998. “Behavioral finance and its implications for stock-price volatility.” Financial analysts journal 54 (2): 10–18
1998
Earlier work this paper cites.
Benartzi, Shlomo, and Richard H Thaler. 1999. “Risk aversion or myopia? Choices in repeated gambles and retirement investments.” Management science 45 (3): 364–381
1999
Earlier work this paper cites.
Lux, Thomas, and Michele Marchesi. 1999. “Scaling and criticality in a stochastic multi-agent model of a financial market.” Nature 397 (6719): 498–500
1999
Cited alongside, same era.
Grüne-Yanoff, Till. 2015. “Models of temporal discounting 1937–2000: An interdisciplinary exchange between economics and psychology.” Science in context 28 (4): 675–713
2000
Cited alongside, same era.
Levy, Haim, Moshe Levy, and Sorin Solomon. 2000. Microscopic simulation of financial markets: from investor behavior to market phenomena . Elsevier
2000
Cited alongside, same era.
Raja, Anita, and Victor Lesser. 2001. “Towards Bounded-Rationality in Multi-Agent Systems: A Reinforcement-Learning Based Approach.” University of Massachusetts Computer Science Technical Report 34: 2001
2001
Cited alongside, same era.
Barber, Brad M, and Terrance Odean. 2002. “Online investors: do the slow die first?” The Review of financial studies 15 (2): 455–488
2013
Later among the works it cites.
Song, Reo, Sungha Jang, Dominique Hanssens, and Jaebeom Suh. 2013. “When Overconfidence Meets Reinforcement Learning.”
2013
Later among the works it cites.
Evans, Owain, and Noah D Goodman. 2015. “Learning the preferences of bounded agents.” In NIPS Workshop on Bounded Optimality , Vol. 6, 2–1
2015
Later among the works it cites.
Evans, Owain, Andreas Stuhlmüller, and Noah Goodman. 2016. “Learning the preferences of ignorant, inconsistent agents.” In Thirtieth AAAI Conference on Artificial Intelligence ,
2016
Later among the works it cites.
alphaXiv searches the wider corpus for related work and actual follow-ups.
alphaXiv is searching for related work…
2002
Cited alongside, same era.
Bouchaud, Jean-Philippe, Marc Mézard, and Marc Potters. 2002. “Statistical properties of stock order books: empirical results and models.” Quantitative finance 2 (4): 251
2002
Cited alongside, same era.
Chordia, Tarun, Richard Roll, and Avanidhar Subrahmanyam. 2002. “Order imbalance, liquidity, and market returns.” Journal of Financial economics 65 (1): 111–130
2002
Cited alongside, same era.
Frederick, Shane, George Loewenstein, and Ted O’donoghue. 2002. “Time discounting and time preference: A critical review.” Journal of economic literature 40 (2): 351–401
2002
Cited alongside, same era.
Mihatsch, Oliver, and Ralph Neuneier. 2002. “Risk-sensitive reinforcement learning.” Machine learning 49: 267–290
2002
Cited alongside, same era.
Stoll, Hans R. 2003. “Market microstructure.” In Handbook of the Economics of Finance , Vol. 1, 553–604. Elsevier
2003
Cited alongside, same era.
Baker, Chris, Rebecca Saxe, and Joshua Tenenbaum. 2005. “Bayesian models of human action understanding.” Advances in neural information processing systems 18. https://proceedings.neurips.cc/paper/2005/file/f5b1b89d98b7286673128a5fb112cb9a-Paper.pdf
2005
Cited alongside, same era.
Nevmyvaka, Yuriy, Yi Feng, and Michael Kearns. 2006. “Reinforcement Learning for Optimized Trade Execution.” ICML ’06, New York, NY, USA, 673–680. Association for Computing Machinery. https://doi.org/10.1145/1143844.1143929
2006
Cited alongside, same era.
2016
Later among the works it cites.
Thaler, Richard H. 2016. “Behavioral economics: Past, present, and future.” American economic review 106 (7): 1577–1600
2016
Later among the works it cites.
Asadi, Kavosh, and Michael L Littman. 2017. “An alternative softmax operator for reinforcement learning.” In International Conference on Machine Learning , 243–252. PMLR. http://proceedings.mlr.press/v70/asadi17a/asadi17a.pdf
2017
Later among the works it cites.
Lundberg, Scott M, and Su-In Lee. 2017. “A unified approach to interpreting model predictions.” Advances in neural information processing systems 30
2017
Later among the works it cites.
Woodward, Megan. 2017. “The need for speed: regulatory approaches to high frequency trading in the United States and the European Union.” Vand. J. Transnat’l L. 50: 1359
2017
Later among the works it cites.
Friedman, Daniel. 2018. “The double auction market institution: A survey.” In The Double Auction Market Institutions, Theories, and Evidence , 3–26. Routledge
2018
Later among the works it cites.
2018
Later among the works it cites.
Reddy, Sid, Anca Dragan, and Sergey Levine. 2018. “Where do you think you’re going?: Inferring beliefs about dynamics from behavior.” Advances in Neural Information Processing Systems 31
2018
Later among the works it cites.
2018
Later among the works it cites.
Gutiérrez-Roig, Mario, Javier Borge-Holthoefer, Alex Arenas, and Josep Perelló. 2019. “Mapping individual behavior in financial markets: synchronization and anticipation.” EPJ Data Science 8 (1): 1–18
2019
Later among the works it cites.
Janner, Michael, Justin Fu, Marvin Zhang, and Sergey Levine. 2019. “When to trust your model: Model-based policy optimization.” Advances in neural information processing systems 32
2019
Later among the works it cites.
Vyetrenko, Svitlana, David Byrd, Nick Petosa, Mahmoud Mahfouz, Danial Dervovic, Manuela Veloso, and Tucker Balch. 2020. “Get real: Realism metrics for robust limit order book market simulations.” In Proceedings of the First ACM International Conference on AI in Finance , 1–8
2020
Later among the works it cites.
Amrouni, Selim, Aymeric Moulin, Jared Vann, Svitlana Vyetrenko, Tucker Balch, and Manuela Veloso. 2021. “ABIDES-gym: gym environments for multi-agent discrete event simulation and application to financial markets.” In Proceedings of the Second ACM International Conference on AI in Finance , 1–9
2021
Later among the works it cites.
2021
Later among the works it cites.
Dwarakanath, Kshama, Svitlana S Vyetrenko, and Tucker Balch. 2021. “Profit equitably: an investigation of market maker’s impact on equitable outcomes.” In Proceedings of the Second ACM International Conference on AI in Finance , 1–8
2021
Later among the works it cites.
Coletta, Andrea, Aymeric Moulin, Svitlana Vyetrenko, and Tucker Balch. 2022. “Learning to simulate realistic limit order book markets from data as a World Agent.” In Proceedings of the Third ACM International Conference on AI in Finance , 428–436
2022
Closest in time.
2022
Closest in time.
Cont, Rama, Mihai Cucuringu, Vacslav Glukhov, and Felix Prenzel. 2023. “Analysis and modeling of client order flow in limit order markets.” Quantitative Finance 23 (2): 187–205
2023
Closest in time.
2024
Closest in time.
Wang, Xintong, Christopher Hoang, Yevgeniy Vorobeychik, and Michael P. Wellman. 2021. “Spoofing the Limit Order Book: A Strategic Agent-Based Analysis.” Games 12 (2). https://doi.org/10.3390/g12020046, https://www.mdpi.com/2073-4336/12/2/46
2073
Closest in time.