Interacting agents in finance represent a behavioural, agent-based approach in which financial markets are viewed as complex
adaptive systems consisting of many boundedly rational agents interacting through simple heterogeneous investment strategies,
constantly adapting their behaviour in response to new information and strategy performance, and through social interactions.
An interacting agent system acts as a noise filter, transforming and amplifying purely random news about economic fundamentals
into an aggregate market outcome exhibiting important stylized facts such as unpredictable asset prices and returns, excess
volatility, temporary bubbles and sudden crashes, large and persistent trading volume, clustered volatility and long memory.
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