Computational Methods in Decision-Making, Economics and Finance

Computational Methods in Decision-Making, Economics and Finance
Author :
Publisher : Springer Science & Business Media
Total Pages : 626
Release :
ISBN-10 : 9781475736137
ISBN-13 : 1475736134
Rating : 4/5 (37 Downloads)

Synopsis Computational Methods in Decision-Making, Economics and Finance by : Erricos John Kontoghiorghes

Computing has become essential for the modeling, analysis, and optimization of systems. This book is devoted to algorithms, computational analysis, and decision models. The chapters are organized in two parts: optimization models of decisions and models of pricing and equilibria.

Computational Methods in Economic Dynamics

Computational Methods in Economic Dynamics
Author :
Publisher : Springer Science & Business Media
Total Pages : 217
Release :
ISBN-10 : 9783642169434
ISBN-13 : 3642169430
Rating : 4/5 (34 Downloads)

Synopsis Computational Methods in Economic Dynamics by : Herbert Dawid

This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics. Papers in this volume capture institutional details of particular markets, behavioral details of agents' decision making as well as spillovers between markets and effects to the macroeconomy. Computational methods are used to replicate and understand market dynamics emerging from interaction of heterogeneous agents, and to develop models that have predictive power for complex market dynamics. Finally treatments of overlapping generations models and differential games with heterogeneous actors are provided.

Computational Methods for Risk Management in Economics and Finance

Computational Methods for Risk Management in Economics and Finance
Author :
Publisher : MDPI
Total Pages : 234
Release :
ISBN-10 : 9783039284986
ISBN-13 : 3039284983
Rating : 4/5 (86 Downloads)

Synopsis Computational Methods for Risk Management in Economics and Finance by : Marina Resta

At present, computational methods have received considerable attention in economics and finance as an alternative to conventional analytical and numerical paradigms. This Special Issue brings together both theoretical and application-oriented contributions, with a focus on the use of computational techniques in finance and economics. Examined topics span on issues at the center of the literature debate, with an eye not only on technical and theoretical aspects but also very practical cases.

Neuroeconomic and Behavioral Aspects of Decision Making

Neuroeconomic and Behavioral Aspects of Decision Making
Author :
Publisher : Springer
Total Pages : 409
Release :
ISBN-10 : 9783319629384
ISBN-13 : 3319629387
Rating : 4/5 (84 Downloads)

Synopsis Neuroeconomic and Behavioral Aspects of Decision Making by : Kesra Nermend

This proceedings volume presents the latest scientific research and trends in experimental economics, with particular focus on neuroeconomics. Derived from the 2016 Computational Methods in Experimental Economics (CMEE) conference held in Szczecin, Poland, this book features research and analysis of novel computational methods in neuroeconomics. Neuroeconomics is an interdisciplinary field that combines neuroscience, psychology and economics to build a comprehensive theory of decision making. At its core, neuroeconomics analyzes the decision-making process not only in terms of external conditions or psychological aspects, but also from the neuronal point of view by examining the cerebral conditions of decision making. The application of IT enhances the possibilities of conducting such analyses. Such studies are now performed by software that provides interaction among all the participants and possibilities to register their reactions more accurately. This book examines some of these applications and methods. Featuring contributions on both theory and application, this book is of interest to researchers, students, academics and professionals interested in experimental economics, neuroeconomics and behavioral economics.

Dynamic Analysis in Complex Economic Environments

Dynamic Analysis in Complex Economic Environments
Author :
Publisher : Springer Nature
Total Pages : 244
Release :
ISBN-10 : 9783030529703
ISBN-13 : 3030529703
Rating : 4/5 (03 Downloads)

Synopsis Dynamic Analysis in Complex Economic Environments by : Herbert Dawid

This book analyses decision-making in dynamic economic environments. By applying a wide range of methodological approaches, combining both analytical and computational methods, the contributors examine various aspects of optimal firm behaviour and relevant policy areas. Topics covered include optimal control, dynamic games, economic decision-making, and applications in finance and economics, as well as policy implications in areas such as pollution regulation. This book is dedicated to Christophe Deissenberg, a well-known and distinguished scholar of economic dynamics and computational economics. It appeals to academics in the areas of optimal control, dynamic games and computational economics as well as to decision-makers working in policy domains such as environmental policy.

Computational Methods in Financial Engineering

Computational Methods in Financial Engineering
Author :
Publisher : Springer Science & Business Media
Total Pages : 425
Release :
ISBN-10 : 9783540779582
ISBN-13 : 3540779582
Rating : 4/5 (82 Downloads)

Synopsis Computational Methods in Financial Engineering by : Erricos Kontoghiorghes

Computational models and methods are central to the analysis of economic and financial decisions. Simulation and optimisation are widely used as tools of analysis, modelling and testing. The focus of this book is the development of computational methods and analytical models in financial engineering that rely on computation. The book contains eighteen chapters written by leading researchers in the area on portfolio optimization and option pricing; estimation and classification; banking; risk and macroeconomic modelling. It explores and brings together current research tools and will be of interest to researchers, analysts and practitioners in policy and investment decisions in economics and finance.

Perception-based Data Mining and Decision Making in Economics and Finance

Perception-based Data Mining and Decision Making in Economics and Finance
Author :
Publisher : Springer
Total Pages : 374
Release :
ISBN-10 : 9783540362470
ISBN-13 : 3540362479
Rating : 4/5 (70 Downloads)

Synopsis Perception-based Data Mining and Decision Making in Economics and Finance by : Ildar Batyrshin

The primary goal of this book is to present to the scientific and management communities a selection of applications using more recent Soft Computing (SC) and Computing with Words and Perceptions (CWP) models and techniques meant to solve the economics and financial problems. The selected examples could also serve as a starting point or as an opening out, in the SC and CWP techniques application to a wider range of problems in economics and finance. Decision making in the present world is becoming more and more sophisticated, time consuming and difficult for human beings who require more and more computational support. This book addresses the significant increase on research and applications of Soft Computing and Computing with Words and Perceptions for decision making in Economics and Finance in recent years. Decision making is heavily based on information and knowledge usually extracted from the analysis of large amounts of data. Data mining techniques enabled with the capability to integrate human experience could be used for a more realistic business decision support. Computing with Words and Perceptions introduced by Lotfi Zadeh, can serve as a basis for such extension of traditional data mining and decision making systems. Fuzzy logic as a main constituent of CWP gives powerful tools for modeling and processing linguistic information defined on numerical domain.

Computational Approaches to Economic Problems

Computational Approaches to Economic Problems
Author :
Publisher : Springer Science & Business Media
Total Pages : 365
Release :
ISBN-10 : 9781475726442
ISBN-13 : 1475726449
Rating : 4/5 (42 Downloads)

Synopsis Computational Approaches to Economic Problems by : Hans M. Amman

This volume contains a selection of papers presented at the first conference of the Society for Computational Economics held at ICC Institute, Austin, Texas, May 21-24, 1995. Twenty-two papers are included in this volume, devoted to applications of computational methods for the empirical analysis of economic and financial systems; the development of computing methodology, including software, related to economics and finance; and the overall impact of developments in computing. The various contributions represented in the volume indicate the growing interest in the topic due to the increased availability of computational concepts and tools and the necessity of analyzing complex decision problems. The papers in this volume are divided into four sections: Computational methods in econometrics, Computational methods in finance, Computational methods for a social environment and New computational methods.£/LIST£

Handbook of Computational and Numerical Methods in Finance

Handbook of Computational and Numerical Methods in Finance
Author :
Publisher : Springer Science & Business Media
Total Pages : 438
Release :
ISBN-10 : 9780817681807
ISBN-13 : 0817681809
Rating : 4/5 (07 Downloads)

Synopsis Handbook of Computational and Numerical Methods in Finance by : Svetlozar T. Rachev

The subject of numerical methods in finance has recently emerged as a new discipline at the intersection of probability theory, finance, and numerical analysis. The methods employed bridge the gap between financial theory and computational practice, and provide solutions for complex problems that are difficult to solve by traditional analytical methods. Although numerical methods in finance have been studied intensively in recent years, many theoretical and practical financial aspects have yet to be explored. This volume presents current research and survey articles focusing on various numerical methods in finance. The book is designed for the academic community and will also serve professional investors.