ISBN-13: 9780387710815 / Angielski / Twarda / 2007 / 186 str.
ISBN-13: 9780387710815 / Angielski / Twarda / 2007 / 186 str.
A number of methodologies have been employed to provide decision making solutions globalized markets. Hidden Markov Models in Finance offers the first systematic application of these methods to specialized financial problems: option pricing, credit risk modeling, volatility estimation and more. The book provides tools for sorting through turbulence, volatility, emotion, chaotic events - the random "noise" of financial markets - to analyze core components.