Modeling The Market: New Theories And Techniques Hardcover

Sergio M. Focardi

The key to successful investment management performance is the ability to make accurate forecasts. A new generation of financial theories and models based on simulation and adaptive computational methods has begun to take hold. Modeling the Market describes the route the markets have taken to these new theories, and explores the trade-offs between market efficiency and the technology of forecasting for investment management. Key topics in this highly innovative new book include: Technological developments in the Classical framework; Investment management, trading and risk assessment in implementation of these models; The mathematics of uncertainty and learning as the frontier of related research.

1883249120

9781883249120

English

Frank J. Fabozzi Associates

31 Jan 1997

302

Sergio Focardi is a partner of The Intertek Group. He has authored and co-authored numerous articles, reports, and books on simulation and adaptive methods in research and industry. Caroline Jonas is a partner of the Intertek Group. She has co-authored reports on advanced computational methods in banking and finance.