Evolutionary Computation in Economics and Finance

1. Auflage. Softcover version of original hardcover Auflage 2002
ISBN: 978-3-7908-2512-1
Verlag: Physica-Verlag HD

Buch, Englisch, Band 100, 460 Seiten, Previously published in hardcover, Format (B × H): 155 mm x 235 mm, Gewicht: 715 g

Reihe: Studies in Fuzziness and Soft Computing

After a decade's development, evolutionary computation (EC) proves to be a powerful tool kit for economic analysis. While the demand for this equipment is increasing, there is no volume exclusively written for economists. This volume for the first time helps economists to get a quick grasp on how EC may support their research. A comprehensive coverage of the subject is given, that includes the following three areas: game theory, agent-based economic modelling and financial engineering. Twenty leading scholars from each of these areas contribute a chapter to the volume. The reader will find himself treading the path of the history of this research area, from the fledgling stage to the burgeoning era. The results on games, labour markets, pollution control, institution and productivity, financial markets, trading systems design and derivative pricing, are new and interesting for different target groups. The book also includes informations on web sites, conferences, and computer software.

Zielgruppe

Professional/practitioner

Autoren/Hrsg.

Chen, Shu-Heng

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Ökonometrie
• Mathematik | Informatik Mathematik Numerik und Wissenschaftliches Rechnen Computeranwendungen in der Mathematik
• Mathematik | Informatik Mathematik Numerik und Wissenschaftliches Rechnen Angewandte Mathematik, Mathematische Modelle

Inhaltsverzeichnis

1 Evolutionary Computation in Economics and Finance: An Overview of the Book.- 2 Playing Games with Genetic Algorithms.- 3 Genetic Algorithm Learning and Economic Evolution.- 4 Using Symbolic Regression to Infer Strategies from Experimental Data.- 5 The Efficiency of an Artificial Double Auction Stock Market with Neural Learning Agents.- 6 On AIE-ASM: Software to Simulate Artificial Stock Markets with Genetic Programming.- 7 Exchange Rate Volatility in the Artificial Foreign Exchange Market.- 8 Using an Artificial Market Approach to Analyze Exchange Rate Scenarios.- 9 Emulating Trade in Emissions Permits: An Application of Genetic Algorithms.- 10 Cooperative Computation with Market Mechanism.- 11 Hysteresis in an Evolutionary Labor Market with Adaptive Search.- 12 Computable Learning, Neural Networks and Institutions.- 13 On Two Types of GA-Learning.- 14 Evolutionary Computation and Economic Models: Sensitivity and Unintended Consequences.- 15 Tinkering with Genetic Algorithms: Forecasting and Data Mining in Finance and Economics.- 16 Forecasting Ability But No Profitability: An Empirical Evaluation of Genetic Algorithm-Optimised Technical Trading Rules.- 17 Evolutionary Induction of Trading Models.- 18 Optimizing Technical Trading Strategies with Split Search Genetic Algorithms.- 19 GP Forecasts of Stock Prices for Profitable Trading.- 20 Option Pricing Via Genetic Programming.- 21 Evolutionary Computation in Option Pricing: Determining Implied Volatilities Based on American Put Options.- 22 Evolutionary Computation in Economics and Finance: A Bibliography.