What is market model?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is market model?

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Market Model:

A market model is a numerical portrayal of the exchanges among different members, financial powers, and decisions made. There are more than hundreds or even a large number of market models that endeavour to clarify or foresee the conduct of at least one parts of a market.

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