most citedModelling Opaque Bilateral Market Dynamics in Financial Trading: Insights from a Multi-Agent Simulation Study

1 citations · 2 across the 8 of their papers we have counts for

collaborators

9 papers

cs.GT2025

Equitable Mechanism Design for Facility Location

Toby Walsh

We consider strategy proof mechanisms for facility location which maximize equitability between agents. As is common in the literature, we measure equitability with the Gini index.…

cs.AI2025

Playing games with Large language models: Randomness and strategy

Alicia Vidler, Toby Walsh

Playing games has a long history of describing intricate interactions in simplified forms. In this paper we explore if large language models (LLMs) can play games, investigating th…

q-fin.TR2025

Shifting Power: Leveraging LLMs to Simulate Human Aversion in ABMs of Bilateral Financial Exchanges, A bond market study

Alicia Vidler, Toby Walsh

Bilateral markets, such as those for government bonds, involve decentralized and opaque transactions between market makers (MMs) and clients, posing significant challenges for trad…

cs.LG2025

Evaluating Binary Decision Biases in Large Language Models: Implications for Fair Agent-Based Financial Simulations

Alicia Vidler, Toby Walsh

Large Language Models (LLMs) are increasingly being used to simulate human-like decision making in agent-based financial market models (ABMs). As models become more powerful and ac…

q-fin.TR2024

Decoding OTC Government Bond Market Liquidity: An ABM Model for Market Dynamics

Alicia Vidler, Toby Walsh

The over-the-counter (OTC) government bond markets are characterised by their bilateral trading structures, which pose unique challenges to understanding and ensuring market stabil…

cs.DS2024

Timetable Nodes for Public Transport Network

Andrii Rohovyi, Peter J. Stuckey, Toby Walsh

Faster pathfinding in time-dependent transport networks is an important and challenging problem in navigation systems. There are two main types of transport networks: road networks…

q-fin.TR2024★ 1 cited

TraderTalk: An LLM Behavioural ABM applied to Simulating Human Bilateral Trading Interactions

Alicia Vidler, Toby Walsh

We introduce a novel hybrid approach that augments Agent-Based Models (ABMs) with behaviors generated by Large Language Models (LLMs) to simulate human trading interactions. We cal…

cs.GT2024

Non cooperative Liquidity Games and their application to bond market trading

Alicia Vidler, Toby Walsh

We present a new type of game, the Liquidity Game. We draw inspiration from the UK government bond market and apply game theoretic approaches to its analysis. In Liquidity Games, m…

q-fin.CP2024★ 1 cited

Modelling Opaque Bilateral Market Dynamics in Financial Trading: Insights from a Multi-Agent Simulation Study

Alicia Vidler, Toby Walsh

Exploring complex adaptive financial trading environments through multi-agent based simulation methods presents an innovative approach within the realm of quantitative finance. Des…