State-space Approaches for Modelling and Control in Financial Engineering: Systems Theory and Machine Learning Methods - Couverture rigide

Livre 98 sur 188: Intelligent Systems Reference Library

Rigatos, Gerasimos G.

 
9783319528656: State-space Approaches for Modelling and Control in Financial Engineering: Systems Theory and Machine Learning Methods
Couverture rigide
ISBN 10 : 3319528653 ISBN 13 : 9783319528656
Editeur : Springer International Publishing AG, 2017

Synopsis

The book conclusively solves problems associated with the control and estimation of nonlinear and chaotic dynamics in financial systems when these are described in the form of nonlinear ordinary differential equations. It then addresses problems associated with the control and estimation of financial systems governed by partial differential equations (e.g. the Black-Scholes partial differential equation (PDE) and its variants). Lastly it an offers optimal solution to the problem of statistical validation of computational models and tools used to support financial engineers in decision making.

The application of state-space models in financial engineering means that the heuristics and empirical methods currently in use in decision-making procedures for finance can be eliminated. It also allows methods of fault-free performance and optimality in the management of assets and capitals and methods assuring stability in the functioning of financial systems to be established.

Coveringthe following key areas of financial engineering: (i) control and stabilization of financial systems dynamics, (ii) state estimation and forecasting, and (iii) statistical validation of decision-making tools, the book can be used for teaching undergraduate or postgraduate courses in financial engineering. It is also a useful resource for the engineering and computer science community

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer International Publishing AG
Date d'édition
2017
Langue
anglais
ISBN 10 
3319528653
ISBN 13 
9783319528656
Reliure
Relié
Numéro d'édition
1
Nombre de pages
338
Coordonnées du fabricant
non disponible
Personne responsable
CMN Printpool Inh. Mathis Neumann
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Autres éditions populaires du même titre

9783319850047: State-Space Approaches for Modelling and Control in Financial Engineering: Systems theory and machine learning methods

Edition présentée

ISBN 10 :  3319850040 ISBN 13 :  9783319850047
Editeur : Springer, 2018
Couverture souple