Most of the existing portfolio selection models are based on the probability theory. Though they often deal with the uncertainty via probabilistic - proaches, we have to mention that the probabilistic approaches only partly capture the reality. Some other techniques have also been applied to handle the uncertainty of the ?nancial markets, for instance, the fuzzy set theory Zadeh (1965)]. In reality, many events with fuzziness are characterized by probabilistic approaches, although they are not random events. The fuzzy set theory has been widely used to solve many practical problems,...
Most of the existing portfolio selection models are based on the probability theory. Though they often deal with the uncertainty via probabilistic - p...
Lean Yu, Shouyang Wang, Kin Keung Lai, Ligang Zhou
This book integrates recent emerging support vector machines and other computational intelligence techniques that replicate the principles of bio-inspired information processing. The aim is to create some innovative methodologies for credit risk analysis.
This book integrates recent emerging support vector machines and other computational intelligence techniques that replicate the principles of bio-insp...
The book introduces how we can manage currency options with the Vanna-Volga method. It describes the underlying theories and applications of the Vanna-Volga method in managing currency options of a financial institution, conforming to the Basel III regulatory requirements which demand a high consistency between the valuation and market risk calculation methodologies of financial instruments. The book illustrates with technical details to shed understanding on the major applications, including valuation, volatility recovery, dynamic portfolio replication and value-at-risk. Those who study...
The book introduces how we can manage currency options with the Vanna-Volga method. It describes the underlying theories and applications of the Vanna...
