Computational Methods in Decision-Making, Economics and Finance

Computational Methods in Decision-Making, Economics and Finance PDF Author: Erricos John Kontoghiorghes
Publisher: Springer Science & Business Media
ISBN: 1475736134
Category : Business & Economics
Languages : en
Pages : 626

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Book Description
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 Decision-Making, Economics and Finance

Computational Methods in Decision-Making, Economics and Finance PDF Author: Erricos John Kontoghiorghes
Publisher: Springer Science & Business Media
ISBN: 1475736134
Category : Business & Economics
Languages : en
Pages : 626

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Book Description
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 PDF Author: Herbert Dawid
Publisher: Springer Science & Business Media
ISBN: 3642169430
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
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.

Neuroeconomic and Behavioral Aspects of Decision Making

Neuroeconomic and Behavioral Aspects of Decision Making PDF Author: Kesra Nermend
Publisher: Springer
ISBN: 3319629387
Category : Business & Economics
Languages : en
Pages : 419

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Book Description
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 PDF Author: Herbert Dawid
Publisher: Springer Nature
ISBN: 3030529703
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
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 PDF Author: Erricos Kontoghiorghes
Publisher: Springer Science & Business Media
ISBN: 9783540779582
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
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.

Risk and Financial Management

Risk and Financial Management PDF Author: Charles S. Tapiero
Publisher: John Wiley & Sons
ISBN: 9780470849088
Category : Mathematics
Languages : en
Pages : 364

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Book Description
Financial risk management has become a popular practice amongst financial institutions to protect against the adverse effects of uncertainty caused by fluctuations in interest rates, exchange rates, commodity prices, and equity prices. New financial instruments and mathematical techniques are continuously developed and introduced in financial practice. These techniques are being used by an increasing number of firms, traders and financial risk managers across various industries. Risk and Financial Management: Mathematical and Computational Methods confronts the many issues and controversies, and explains the fundamental concepts that underpin financial risk management. Provides a comprehensive introduction to the core topics of risk and financial management. Adopts a pragmatic approach, focused on computational, rather than just theoretical, methods. Bridges the gap between theory and practice in financial risk management Includes coverage of utility theory, probability, options and derivatives, stochastic volatility and value at risk. Suitable for students of risk, mathematical finance, and financial risk management, and finance practitioners. Includes extensive reference lists, applications and suggestions for further reading. Risk and Financial Management: Mathematical and Computational Methods is ideally suited to both students of mathematical finance with little background in economics and finance, and students of financial risk management, as well as finance practitioners requiring a clearer understanding of the mathematical and computational methods they use every day. It combines the required level of rigor, to support the theoretical developments, with a practical flavour through many examples and applications.

Computational Economics: A Perspective from Computational Intelligence

Computational Economics: A Perspective from Computational Intelligence PDF Author: Chen, Shu-Heng
Publisher: IGI Global
ISBN: 159140651X
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
"This book identifies the economic as well as financial problems that may be solved efficiently with computational methods and explains why those problems should best be solved with computational methods"--Provided by publisher.

Computational Approaches to Economic Problems

Computational Approaches to Economic Problems PDF Author: Hans M. Amman
Publisher: Springer Science & Business Media
ISBN: 1475726449
Category : Business & Economics
Languages : en
Pages : 365

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Book Description
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£

Experimental and Quantitative Methods in Contemporary Economics

Experimental and Quantitative Methods in Contemporary Economics PDF Author: Kesra Nermend
Publisher: Springer Nature
ISBN: 3030302512
Category : Business & Economics
Languages : en
Pages : 379

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Book Description
Contemporary economists, when analyzing economic behavior of people, need to use the diversity of research methods and modern ways of discovering knowledge. The increasing popularity of using economic experiments requires the use of IT tools and quantitative methods that facilitate the analysis of the research material obtained as a result of the experiments and the formulation of correct conclusions. This proceedings volume presents problems in contemporary economics and provides innovative solutions using a range of quantitative and experimental tools. Featuring selected contributions presented at the 2018 Computational Methods in Experimental Economics Conference (CMEE 2018), this book provides a modern economic perspective on such important issues as: sustainable development, consumption, production, national wealth, the silver economy, behavioral finance, economic and non-economic factors determining the behavior of household members, consumer preferences, social campaigns, and neuromarketing. International case studies are also offered.

Computational Methods for Risk Management in Economics and Finance

Computational Methods for Risk Management in Economics and Finance PDF Author: Marina Resta
Publisher: MDPI
ISBN: 3039284983
Category : Business & Economics
Languages : en
Pages : 234

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Book Description
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.