an agent-based market laboratory
Free exploration. Tune the trader mix and watch bubbles and crashes form.
8 market puzzles across 3 difficulty tiers.
AI-assisted hypothesis testing with statistical analysis.
A live agent-based financial market. Hundreds of traders submit orders into a continuous limit order book, and price emerges from the matching of their bids and asks. No price is scripted: it is the product of every order interacting tick by tick.
Three strategies compete. Fundamentalists buy when price drifts below fair value and sell when it climbs above. Chartists chase the recent trend, amplifying moves. Noise traders act at random. The shifting balance between them produces calm stretches, speculative bubbles, fat-tailed returns, and sudden crashes.
market is one of the petri-labs collection of interactive simulations of complex systems. Explore the others at petri-labs.org.