A Multi-agent Market Model Can Explain the Impact of AI Traders in Financial Markets -- A New Microfoundations of GARCH model
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This paper has been announced in the following NEP Reports:- NEP-AIN-2024-10-21 (Artificial Intelligence)
- NEP-HME-2024-10-21 (Heterodox Microeconomics)
- NEP-MST-2024-10-21 (Market Microstructure)
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