Computational Finance and Its Applications: Proceedings.1845641744 Computational finance and its applications; proceedings. Conference on Computational Finance and its Applications (2d: 2006: Bologna, Italy) Ed. by M. Costantino and C.A. Brebbia. WIT Press 2006 270 pages $270.00 Hardcover WIT transactions on modelling and simulation; v.43 HG106 Constantino (Royal Bank of Scotland
The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba Financial Markets, UK) and Brebbia (Wessex Institute of Technology The overall aim of Wessex Institute is to develop a series of knowledge transfer mechanisms, particularly directed towards the exchange of information between academics and professional users within industry. , UK) present edited versions of 40 papers from the Second International Conference of Computational Finance, held in June of 2006. The structure of the volume mirrors the major topic areas covered by the conference, which included financial service technologies in the 21st century; advanced computing and simulation, derivatives pricing; forecasting, advanced computing, and simulation; market analysis, dynamics, and simulation; portfolio management and asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. ; risk management; and time series analysis and forecasting. A few examples of more specific topics include time value of the Internet banking adoption and customer trust, integrated equity applications after the US Sarbanes-Oxley legislation, herd behavior as a source of volatility in agent expectations in derivatives pricing, use of quadratic quadratic, mathematical expression of the second degree in one or more unknowns (see polynomial). The general quadratic in one unknown has the form ax2+bx+c, where a, b, and c are constants and x is the variable. filter for the estimation of time-varying ss, the simulation of news and insiders' influence on stock-market price dynamics in a non-linear model, and strategic asset allocation Strategic Asset Allocation A portfolio strategy that involves periodically rebalancing the portfolio in order to maintain a long-term goal for asset allocation. Notes: At the inception of the portfolio, a "base policy mix" is established based on expected returns. using quadratic programming with case based reasoning (artificial intelligence) case based reasoning - (CBR) A technique for problem solving which looks for previous examples which are similar to the current problem. This is useful where heuristic knowledge is not available. and intelligent agents. The US office of WIT Press is Computational Mechanics. ([c]20062005 Book News, Inc., Portland, OR) |
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