Computational Methods in Decision-Making, Economics and Finance

Computational Methods in Decision-Making, Economics and Finance
Author: Erricos John Kontoghiorghes
Publisher: Springer Science & Business Media
Total Pages: 626
Release: 2013-11-11
Genre: Business & Economics
ISBN: 1475736134

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 and Decision Methods in Economics and Business

Computational and Decision Methods in Economics and Business
Author: Anna Maria Gil-Lafuente
Publisher: Springer Nature
Total Pages: 314
Release: 2022-01-27
Genre: Technology & Engineering
ISBN: 3030937879

This book presents different topics related to innovation, complexity, uncertainty, modeling and simulation, fuzzy logic, decision-making, aggregation operators, business and economic applications, among others. The chapters are the results of research presented at the International Workshop "Innovation, Complexity and Uncertainty in Economics and Business", held in Barcelona, in November 2019, by The Ibero-American Network for Competitiveness, Innovation and Development (REDCID in Spanish) and the Royal Academy of Economic and Financial Sciences (RACEF in Spanish). These papers are useful for junior and senior researchers in the area of economics and business.

Soft Computing in Economics and Finance

Soft Computing in Economics and Finance
Author: Ludmila Dymowa
Publisher: Springer Science & Business Media
Total Pages: 303
Release: 2011-01-21
Genre: Technology & Engineering
ISBN: 3642177190

Currently the methods of Soft Computing are successfully used for risk analysis in: budgeting, e-commerce development, portfolio selection, Black-Scholes option pricing models, corporate acquisition systems, evaluating investments in advanced manufacturing technology, interactive fuzzy interval reasoning for smart web shopping, fuzzy scheduling and logistic. An essential feature of economic and financial problems it that there are always at least two criteria to be taken into account: profit maximization and risk minimization. Therefore, the economic and financial problems are multiple criteria ones. In this book, a new systematization of the problems of multiple criteria decision making is proposed which allows the author to reveal unsolved problems. The solutions of them are presented as well and implemented to deal with some important real-world problems such as investment project’s evaluation, tool steel material selection problem, stock screening and fuzzy logistic. It is well known that the best results in real -world applications can be obtained using the synthesis of modern methods of soft computing. Therefore, the developed by the author new approach to building effective stock trading systems, based on the synthesis of fuzzy logic and the Dempster-Shafer theory, seems to be a considerable contribution to the application of soft computing method in economics and finance. An important problem of capital budgeting is the fuzzy evaluation of the Internal Rate of Return. In this book, this problem is solved using a new method which makes it possible to solve linear and nonlinear interval and fuzzy equations and systems of them. The developed new method allows the author to obtain an effective solution of the Leontjev’s input-output problem in the interval setting.

Applied Computational Economics and Finance

Applied Computational Economics and Finance
Author: Mario J. Miranda
Publisher: MIT Press
Total Pages: 532
Release: 2002
Genre: Business & Economics
ISBN: 9780262633093

An introduction to the use of computational methods to solve problems in economics and finance.

Computational Methods in Financial Engineering

Computational Methods in Financial Engineering
Author: Erricos Kontoghiorghes
Publisher: Springer Science & Business Media
Total Pages: 425
Release: 2008-02-26
Genre: Business & Economics
ISBN: 3540779582

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.

Handbook of Computational and Numerical Methods in Finance

Handbook of Computational and Numerical Methods in Finance
Author: Svetlozar T. Rachev
Publisher: Springer Science & Business Media
Total Pages: 438
Release: 2011-06-28
Genre: Mathematics
ISBN: 0817681809

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.

Neuroeconomic and Behavioral Aspects of Decision Making

Neuroeconomic and Behavioral Aspects of Decision Making
Author: Kesra Nermend
Publisher: Springer
Total Pages: 409
Release: 2017-10-06
Genre: Business & Economics
ISBN: 3319629387

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.

Computational Economics

Computational Economics
Author: Shu-Heng Chen
Publisher: IGI Global
Total Pages: 339
Release: 2006-01-01
Genre: Business & Economics
ISBN: 1591406498

"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 Methods for Risk Management in Economics and Finance

Computational Methods for Risk Management in Economics and Finance
Author: Marina Resta
Publisher: MDPI
Total Pages: 234
Release: 2020-04-02
Genre: Business & Economics
ISBN: 3039284983

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.