TY - GEN
T1 - Analyzing the influence of fundamental indexing through inverse simulation analysis
AU - Takahashi, Hiroshi
AU - Takahashi, Satoru
AU - Terano, Takao
PY - 2011/1/1
Y1 - 2011/1/1
N2 - This research analyzes the validity of fundamental indexing in financial markets. As a result of intensive experiments in the market, we made the following findings: (1) fundamental indexing works as effectively as price indexing in the market when market prices reflect fundamental values; (2) fundamental indexing contributes to market efficiency.
AB - This research analyzes the validity of fundamental indexing in financial markets. As a result of intensive experiments in the market, we made the following findings: (1) fundamental indexing works as effectively as price indexing in the market when market prices reflect fundamental values; (2) fundamental indexing contributes to market efficiency.
KW - Agent-based modeling
KW - Behavioral economics
KW - Financial markets
KW - Fundamental indexation
UR - http://www.scopus.com/inward/record.url?scp=81355142362&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=81355142362&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:81355142362
SN - 9784907764395
T3 - Proceedings of the SICE Annual Conference
SP - 514
EP - 515
BT - SICE 2011 - SICE Annual Conference 2011, Final Program and Abstracts
PB - Society of Instrument and Control Engineers (SICE)
T2 - 50th Annual Conference on Society of Instrument and Control Engineers, SICE 2011
Y2 - 13 September 2011 through 18 September 2011
ER -