Download or read book Essays on Algorithmic Trading written by Markus Gsell and published by Columbia University Press. This book was released on 2010-07-09 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological innovations are altering the traditional value chain in securities trading. Hitherto the order handling, i.e. the appropriate implementation of a general trading decision into particular orders, has been a core competence of brokers. Labeled as Algorithmic Trading, the automation of this task recently found its way both into the brokers' portfolio of service offerings as well as to their customers' trading desks. The software performing the order handling thereby constantly monitors the market(s) in real-time and further evaluates historical data to dynamically determine appropriate points in time for trading. Within only a few years, this technology propagated itself among market participants along the entire value chain and has nowadays gained a significant market share on securities markets worldwide. Surprisingly, there has been only little research analyzing the impact of this special type of trading on markets. Markus Gsell's book aims at closing this gap by analyzing the drivers for adoption of this technology, the impact the application of this technology has on markets on a macro level, i.e. how the market outcome is affected, as well as on a micro level, i.e. how the exhibited trading behavior of these automated traders differs from normal traders' behavior.

Download or read book Journal of Economic Literature written by and published by . This book was released on 2006-12 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Dissertation Abstracts International written by and published by . This book was released on 2007 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Download or read book The Stock Market Credit and Capital Formation written by Fritz Machlup and published by Ludwig von Mises Institute. This book was released on 1940 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Artificial Intelligence and Economic Theory Skynet in the Market written by Tshilidzi Marwala and published by Springer. This book was released on 2017-09-18 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book theoretically and practically updates major economic ideas such as demand and supply, rational choice and expectations, bounded rationality, behavioral economics, information asymmetry, pricing, efficient market hypothesis, game theory, mechanism design, portfolio theory, causality and financial engineering in the age of significant advances in man-machine systems. The advent of artificial intelligence has changed many disciplines such as engineering, social science and economics. Artificial intelligence is a computational technique which is inspired by natural intelligence concepts such as the swarming of birds, the working of the brain and the pathfinding of the ants. Artificial Intelligence and Economic Theory: Skynet in the Market analyses the impact of artificial intelligence on economic theories, a subject that has not been studied. It also introduces new economic theories and these are rational counterfactuals and rational opportunity costs. These ideas are applied to diverse areas such as modelling of the stock market, credit scoring, HIV and interstate conflict. Artificial intelligence ideas used in this book include neural networks, particle swarm optimization, simulated annealing, fuzzy logic and genetic algorithms. It, furthermore, explores ideas in causality including Granger as well as the Pearl causality models.

Download or read book Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture ICEDBC 2022 written by Yushi Jiang and published by Springer Nature. This book was released on 2023-05-11 with total page 1906 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book. With the support of universities and the research of AEIC Academic Exchange Center, The 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) will be held in Dali from June 24th to 26th. Compared with previous conferences, it will discuss more in-depth economic independent innovation, open cooperation and innovative business culture under the background of the new development stage, new situation and new journey era. There will be a broad exchange environment. Well-known experts, scholars or entrepreneurs in the field will be invited to make keynote reports. Contributing authors are also very welcome to actively participate in the conference and build an academic exchange ceremony.

Download or read book An Essay Upon Money and Coins Part I The Theories of Commerce Money and Exchanges Part II Wherein is Shewed that the Established Standard of Money Should Not be Violated Or Altered Under Any Pretence Whatsoever written by Joseph Harris and published by . This book was released on 1757 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Essay Upon Money and Coins written by Joseph Harris and published by . This book was released on 1757 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Essay upon Money and Coins written by Joseph Harris and published by Cambridge University Press. This book was released on 2017-08-03 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1757 work argues that it is vital to the economy that the value of gold in coinage remains constant.

Download or read book The Elgar Companion to Recent Economic Methodology written by J. B. Davis and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic methodology has traditionally been associated with logical positivism in the vein of Milton Friedman, Karl Popper, Imre Lakatos and Thomas Kuhn. However, the emergence and proliferation of new research programs in economics have stimulated many novel developments in economic methodology. This impressive Companion critically examines these advances in methodological thinking, particularly those that are associated with the new research programs which challenge standard economic methodology. Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. The recent research programs explored include behavioral and experimental economics, neuroeconomics, new welfare theory, happiness and subjective well-being research, geographical economics, complexity and computational economics, agent-based modeling, evolutionary thinking, macroeconomics and Keynesianism after the crisis, and new thinking about the status of the economics profession and the role of the media in economics. This important compendium will prove invaluable for researchers and postgraduate students of economic methodology and the philosophy of economics. Practitioners in the vanguard of new economic thinking will also find plenty of useful information in this path-breaking book.

Download or read book Perspectives on Adaptation in Natural and Artificial Systems written by Lashon Booker and published by Oxford University Press. This book was released on 2005-02-24 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: Adaptation, Evolution, and Intelligence, Lashon Booker, Stephanie Forrest, Melanie Mitchell, and Rick Riolo. PART 1: GENETIC ALGOROTHMS AND BEYOND. 1. Genetic Algorithms: A 30 Year Perspective, Kenneth DeJong. 2. Human-Competitive Machine Intelligence by Means of Genetic Algorithms, John R. Koza. 3. John Holland, Facetwise models, and Economy of Thought, David E. Goldberg. PART 2: COMPUTATION, ARTIFICIAL INTELLIGENCE, AND BEYOND. 4. An Early Graduate Program in Computers and Communications, Arthur W. Burks. 5. Had We But World Enough and Time, Oliver G. Selfridge. 6. Discrete Eve.

Download or read book Theory and Method of Evolutionary Political Economy written by Hardy Hanappi and published by Taylor & Francis. This book was released on 2017-01-12 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is in turmoil, the dynamics of political economy seem to have entered a phase where a ‘return to normal’ cannot be expected. Since the financial crisis, conventional economic theory has proven itself to be rather helpless and political decision makers have become suspicious about this type of economic consultancy. This book offers a different approach. It promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective. The latter allows for a long-run view, which makes it possible to discuss the emergence and exit of social institutions. The essays in this volume explore the theoretical and methodological aspects of evolutionary political economy. In part one, the authors consider the foundational contributions of some of the great economists of the past, while the second part demonstrates the benefits of adopting the methods of computer simulation and agent-based modelling. Together, the contributions to this volume demonstrate the richness, diversity and great explanatory potential of evolutionary political economy. This volume is extremely useful for social scientists in the fields of economics, politics, and sociology who are interested to learn what evolutionary political economy is, how it proceeds and what it can provide.

Download or read book Algorithms in Advanced Artificial Intelligence written by R. N. V. Jagan Mohan and published by CRC Press. This book was released on 2024-07-08 with total page 547 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most common form of severe dementia, Alzheimer’s disease (AD), is a cumulative neurological disorder because of the degradation and death of nerve cells in the brain tissue, intelligence steadily declines and most of its activities are compromised in AD. Before diving into the level of AD diagnosis, it is essential to highlight the fundamental differences between conventional machine learning (ML) and deep learning (DL). This work covers a number of photo-preprocessing approaches that aid in learning because image processing is essential for the diagnosis of AD. The most crucial kind of neural network for computer vision used in medical image processing is called a Convolutional Neural Network (CNN). The proposed study will consider facial characteristics, including expressions and eye movements using the diffusion model, as part of CNN’s meticulous approach to Alzheimer’s diagnosis. Convolutional neural networks were used in an effort to sense Alzheimer’s disease in its early stages using a big collection of pictures of facial expressions.

Download or read book The Oxford Handbook of Political Methodology written by Janet M. Box-Steffensmeier and published by Oxford University Press. This book was released on 2008-08-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Political methodology has changed dramatically over the past thirty years, and many new methods and techniques have been developed. Both the Political Methodology Society and the Qualitative/Multi-Methods Section of the American Political Science Association have engaged in ongoing research and training programs that have advanced quantitative and qualitative methodology. The Oxford Handbook of Political Methodology presents and synthesizes these developments. The Handbook provides comprehensive overviews of diverse methodological approaches, with an emphasis on three major themes. First, specific methodological tools should be at the service of improved conceptualization, comprehension of meaning, measurement, and data collection. They should increase analysts' leverage in reasoning about causal relationships and evaluating them empirically by contributing to powerful research designs. Second, the authors explore the many different ways of addressing these tasks: through case-studies and large-n designs, with both quantitative and qualitative data, and via techniques ranging from statistical modelling to process tracing. Finally, techniques can cut across traditional methodological boundaries and can be useful for many different kinds of researchers. Many of the authors thus explore how their methods can inform, and be used by, scholars engaged in diverse branches of methodology.

Download or read book Stock Market Modeling and Forecasting written by Xiaolian Zheng and published by Springer. This book was released on 2013-04-05 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stock Market Modeling and Forecasting translates experience in system adaptation gained in an engineering context to the modeling of financial markets with a view to improving the capture and understanding of market dynamics. The modeling process is considered as identifying a dynamic system in which a real stock market is treated as an unknown plant and the identification model proposed is tuned by feedback of the matching error. Like a physical system, a financial market exhibits fast and slow dynamics corresponding to external (such as company value and profitability) and internal forces (such as investor sentiment and commodity prices) respectively. The framework presented here, consisting of an internal model and an adaptive filter, is successful at considering both fast and slow market dynamics. A double selection method is efficacious in identifying input factors influential in market movements, revealing them to be both frequency- and market-dependent. The authors present work on both developed and developing markets in the shape of the US, Hong Kong, Chinese and Singaporean stock markets. Results from all these sources demonstrate the efficiency of the model framework in identifying significant influences and the quality of its predictive ability; promising results are also obtained by applying the model framework to the forecasting of major market-turning periods. Having shown that system-theoretic ideas can form the core of a novel and effective basis for stock market analysis, the book is completed by an indication of possible and likely future expansions of the research in this area.

Download or read book The SAGE Handbook of Online Research Methods written by Nigel G Fielding and published by SAGE. This book was released on 2008-06-24 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook is the first to provide comprehensive, up-to-the-minute coverage of contemporary and developing Internet and online social research methods, spanning both quantitative and qualitative research applications. The editors have brought together leading names in the field of online research to give a thoroughly up to date, practical coverage, richly illustrated with examples. The chapters cover both methodological and procedural themes, offering readers a sophisticated treatment of the practice and uses of Internet and online research that is grounded in the principles of research methodology. Beginning with an examination of the significance of the Internet as a research medium, the book goes on to cover research design, data capture, online surveys, virtual ethnography, and the internet as an archival resource, and concludes by looking at potential directions for the future of Internet and online research. The SAGE Handbook of Internet and Online Research Methods will be welcomed by anyone interested in the contemporary practice of computer-mediated research and scholarship. Postgraduates, researchers and methodologists from disciplines across the social sciences will find this an invaluable source of reference.