1# Baseline classical economy (no LLM). All numbers documented in docs/assumptions.md.2name: baseline3seed: 14n_ticks: 6005warmup: 1006assets: {n_assets: 1, tick_cents: 1, initial_price_cents: 20000, price_band_pct: 0.5, max_order_qty: 10000}7fundamentals: {div_interval: 20, r_period: 0.0025, mu: [50.0], mu_shift: 0.0, p_switch: 0.0, rho: 0.98, sigma: 2.0,8 jump_prob: 0.0, jump_sigma: 0.0, factor_loading: [0.0], x0: 0.0}9news: {rate: 0.02, noise_sd: 1.0, misleading_share: 0.0, misleading_bias: 10.0, window: 20}10exchange: {maker_fee_bps: 0.0, taker_fee_bps: 2.0, min_latency: 0.05, halt_threshold: null, halt_window: 10, halt_duration: 20,11 halt_cancel_resting: true, allow_short: false, max_short_lots: 0, margin_check: true, liquidation_fraction: 0.5, order_ttl: 50}12population:13 n_traders: 10014 mix: {fundamentalist: 0.25, trend: 0.06, meanrev: 0.10, noise: 0.50, market_maker: 0.05, statarb: 0.0, leveraged: 0.04} # calibrated 2026-10-27 (scripts/10)15 activity: {fundamentalist: 0.20, trend: 0.20, meanrev: 0.20, noise: 0.30, market_maker: 0.5, statarb: 0.2, leveraged: 0.2}16 policy_kwargs: {fundamentalist: {aggressiveness: 20.0}, noise: {p_market: 0.6}, market_maker: {quote_qty: 20}}17 llm_share: 0.018 llm_replace: proportional19 llm_keep_market_makers: true20 informed_share: 0.321 precision: 2.022 leverage_cap: 3.023 maintenance_margin: 0.2524 endowment: {cash_cents: 2000000, shares: 100, wealth_dispersion: 0.3}25 latency: {min: 0.05, max: 1.0, llm_latency: null}26 llm:27 provider_mix: {mock: 1.0}28 models: {mock: mock-v1, openai: gpt-5.4-nano, anthropic: claude-haiku-5-5}29 prompt_set: single30 prompt_version: v131 memory: 032 channel: false33 cohort_size: 534 decision_interval: 2035 stagger: true36 stagger_slots: 437 informed_share: null # inherit the replaced slot's information (matched pairs hold information fixed)38 precision: 2.039 max_order_qty: 5040 reasoning_effort: low41 max_output_tokens: 120042 concurrency: 843 usd_cap: 5.044 cache: true45shocks:46 - {time: 300, kind: fundamental_jump, size: 10.0} # +10 cents on the latent deviation -> +10/(1+r-rho) = +4.4 on V (+2.2 %), revealed only through news / the next dividend47 - {time: 450, kind: placebo}48output: {events: false, trades: true, llm_log: true, lookback: 60}49treatment: {}50