Computational and Decision Methods in Economics and Business

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Publisher : Springer Nature
ISBN 13 : 3030937879
Total Pages : 314 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Computational and Decision Methods in Economics and Business by : Anna Maria Gil-Lafuente

Download or read book Computational and Decision Methods in Economics and Business written by Anna Maria Gil-Lafuente and published by Springer Nature. This book was released on 2022-01-27 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Computational and Decision Methods in Economics and Business

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Publisher :
ISBN 13 : 9783030937881
Total Pages : 0 pages
Book Rating : 4.9/5 (378 download)

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Book Synopsis Computational and Decision Methods in Economics and Business by : Anna Maria Gil-Lafuente

Download or read book Computational and Decision Methods in Economics and Business written by Anna Maria Gil-Lafuente and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Computational Methods in Decision-Making, Economics and Finance

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Publisher : Springer Science & Business Media
ISBN 13 : 1475736134
Total Pages : 626 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Computational Methods in Decision-Making, Economics and Finance by : Erricos John Kontoghiorghes

Download or read book Computational Methods in Decision-Making, Economics and Finance written by Erricos John Kontoghiorghes and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Methods in Economic Dynamics

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Publisher : Springer Science & Business Media
ISBN 13 : 3642169430
Total Pages : 217 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Computational Methods in Economic Dynamics by : Herbert Dawid

Download or read book Computational Methods in Economic Dynamics written by Herbert Dawid and published by Springer Science & Business Media. This book was released on 2011-03-23 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics. Papers in this volume capture institutional details of particular markets, behavioral details of agents' decision making as well as spillovers between markets and effects to the macroeconomy. Computational methods are used to replicate and understand market dynamics emerging from interaction of heterogeneous agents, and to develop models that have predictive power for complex market dynamics. Finally treatments of overlapping generations models and differential games with heterogeneous actors are provided.

Neuroeconomic and Behavioral Aspects of Decision Making

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Publisher : Springer
ISBN 13 : 3319629387
Total Pages : 419 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Neuroeconomic and Behavioral Aspects of Decision Making by : Kesra Nermend

Download or read book Neuroeconomic and Behavioral Aspects of Decision Making written by Kesra Nermend and published by Springer. This book was released on 2017-10-06 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Approaches to Economic Problems

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Publisher : Springer Science & Business Media
ISBN 13 : 1475726449
Total Pages : 365 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Computational Approaches to Economic Problems by : Hans M. Amman

Download or read book Computational Approaches to Economic Problems written by Hans M. Amman and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains a selection of papers presented at the first conference of the Society for Computational Economics held at ICC Institute, Austin, Texas, May 21-24, 1995. Twenty-two papers are included in this volume, devoted to applications of computational methods for the empirical analysis of economic and financial systems; the development of computing methodology, including software, related to economics and finance; and the overall impact of developments in computing. The various contributions represented in the volume indicate the growing interest in the topic due to the increased availability of computational concepts and tools and the necessity of analyzing complex decision problems. The papers in this volume are divided into four sections: Computational methods in econometrics, Computational methods in finance, Computational methods for a social environment and New computational methods.£/LIST£

Computational Economic Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 9401587434
Total Pages : 284 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Computational Economic Systems by : Manfred Gilli

Download or read book Computational Economic Systems written by Manfred Gilli and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The approach to many problems in economic analysis has changed drastically with the development and dissemination of new and more efficient computational techniques. Computational Economic Systems: Models, Methods & Econometrics presents a selection of papers illustrating the use of new computational methods and computing techniques to solve economic problems. Part I of the volume consists of papers which focus on modelling economic systems, presenting computational methods to investigate the evolution of behavior of economic agents, techniques to solve complex inventory models on a parallel computer and an original approach for the construction and solution of multicriteria models involving logical conditions. Contributions to Part II concern new computational approaches to economic problems. We find an application of wavelets to outlier detection. New estimation algorithms are presented, one concerning seemingly related regression models, a second one on nonlinear rational expectation models and a third one dealing with switching GARCH estimation. Three contributions contain original approaches for the solution of nonlinear rational expectation models.

Decision Technologies for Computational Finance

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Publisher : Springer Science & Business Media
ISBN 13 : 1461556252
Total Pages : 472 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Decision Technologies for Computational Finance by : Apostolos-Paul N. Refenes

Download or read book Decision Technologies for Computational Finance written by Apostolos-Paul N. Refenes and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains selected papers that were presented at the International Conference COMPUTATIONAL FINANCE 1997 held at London Business School on December 15-17 1997. Formerly known as Neural Networks in the Capital Markets (NNCM), this series of meetings has emerged as a truly multi-disciplinary international conference and provided an international focus for innovative research on the application of a multiplicity of advanced decision technologies to many areas of financial engineering. It has drawn upon theoretical advances in financial economics and robust methodological developments in the statistical, econometric and computer sciences. To reflect its multi-disciplinary nature, the NNCM conference has adopted the new title COMPUTATIONAL FINANCE. The papers in this volume are organised in six parts. Market Dynamics and Risk, Trading and Arbitrage strategies, Volatility and Options, Term-Structure and Factor models, Corporate Distress Models and Advances on Methodology. This years' acceptance rate (38%) reflects both the increasing interest in the conference and the Programme Committee's efforts to improve the quality of the meeting year-on-year. I would like to thank the members of the programme committee for their efforts in refereeing the papers. I also would like to thank the members of the computational finance group at London Business School and particularly Neil Burgess, Peter Bolland, Yves Bentz, and Nevil Towers for organising the meeting.

Selected Issues in Experimental Economics

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Publisher : Springer
ISBN 13 : 3319284193
Total Pages : 385 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Selected Issues in Experimental Economics by : Kesra Nermend

Download or read book Selected Issues in Experimental Economics written by Kesra Nermend and published by Springer. This book was released on 2016-03-24 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this volume is to provide deep insights and the latest scientific developments and trends in experimental economics. Derived from the 2015 Computational Methods in Experimental Economics (CMEE) conference, this book features papers containing research and analysis of economic experiments concerning research in such areas as management science, decision theory, game theory, marketing and political science. The goal is to present possibilities for using various computer methods in the scope of experimental economics to further provide researchers with a wide variety of tools. The field of experimental economics is rapidly evolving. Modern use of experimental economics requires the integration of knowledge in the domains of economic sciences, computer science, psychology, and neuroscience. Recent research includes experiments conducted both in the laboratory and in the field, and the results are used for testing and a better understanding of economic theories. Researchers working in this field use mainly a set of well-established methods and computer tools that support the experiments. Methods such as artificial intelligence, computer simulation and computer graphics, however, are not represented enough in experimental economics studies and most experimenters do not consider their usage. The goal of the conference and the enclosed papers is to allow for an exchange of experiences and to promote joint initiatives to insight change in this trend.

Computational Intelligence in Economics and Finance

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Publisher : Springer Science & Business Media
ISBN 13 : 354072821X
Total Pages : 232 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Computational Intelligence in Economics and Finance by : Paul P. Wang

Download or read book Computational Intelligence in Economics and Finance written by Paul P. Wang and published by Springer Science & Business Media. This book was released on 2007-07-11 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Readers will find, in this highly relevant and groundbreaking book, research ranging from applications in financial markets and business administration to various economics problems. Not only are empirical studies utilizing various CI algorithms presented, but so also are theoretical models based on computational methods. In addition to direct applications of computational intelligence, readers can also observe how these methods are combined with conventional analytical methods such as statistical and econometric models to yield preferred results.

Decision Economics. Designs, Models, and Techniques for Boundedly Rational Decisions

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Publisher : Springer
ISBN 13 : 3319996983
Total Pages : 179 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Decision Economics. Designs, Models, and Techniques for Boundedly Rational Decisions by : Edgardo Bucciarelli

Download or read book Decision Economics. Designs, Models, and Techniques for Boundedly Rational Decisions written by Edgardo Bucciarelli and published by Springer. This book was released on 2018-12-28 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: The special session on Decision Economics (DECON) is a scientific forum held annually, which is focused on sharing ideas, projects, research results, models, and experiences associated with the complexity of behavioural decision processes and socio‐economic phenomena. In 2018, DECON was held at Campus Tecnológico de la Fábrica de Armas, University of Castilla-La Mancha, Toledo, Spain, as part of the 15th International Conference on Distributed Computing and Artificial Intelligence. For the third consecutive year, this book have drawn inspiration from Herbert A. Simon’s interdisciplinary legacy and, in particular, is devoted to designs, models, and techniques for boundedly rational decisions, involving several fields of study and expertise. It is worth noting that the recognition of relevant decision‐making takes place in a range of critical subject areas and research fields, including economics, finance, information systems, small and international business management, operations, and production. Therefore, decision‐making issues are of fundamental importance in all branches of economics addressed with different methodological approaches. As a matter of fact, the study of decision‐making has become the focus of intense research efforts, both theoretical and applied, forming a veritable bridge between theory and practice as well as science and business organisations, whose pillars are based on insightful cutting‐edge experimental, behavioural, and computational approaches on the one hand, and celebrating the value of science as well as the close relationship between economics and complexity on the other. In this respect, the international scientific community acknowledges Herbert A. Simon’s research endeavours to understand the processes involved in economic decision‐making and their implications for the advancement of economic professions. Within the field of decision‐making, indeed, Simon has become a mainstay of bounded rationality and satisficing. His rejection of the standard (unrealistic) decision‐making models adopted by neoclassical economists inspired social scientists worldwide with the purpose to develop research programmes aimed at studying decision‐making empirically, experimentally, and computationally. The main achievements concern decision‐making for individuals, firms, markets, governments, institutions, and, last but not least, science and research. This book of selected papers tackles these issues that Simon broached in a professional career spanning more than sixty years. The Editors of this book dedicated it to Herb.

Experimental and Quantitative Methods in Contemporary Economics

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Publisher : Springer Nature
ISBN 13 : 3030302512
Total Pages : 379 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Experimental and Quantitative Methods in Contemporary Economics by : Kesra Nermend

Download or read book Experimental and Quantitative Methods in Contemporary Economics written by Kesra Nermend and published by Springer Nature. This book was released on 2019-10-12 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary economists, when analyzing economic behavior of people, need to use the diversity of research methods and modern ways of discovering knowledge. The increasing popularity of using economic experiments requires the use of IT tools and quantitative methods that facilitate the analysis of the research material obtained as a result of the experiments and the formulation of correct conclusions. This proceedings volume presents problems in contemporary economics and provides innovative solutions using a range of quantitative and experimental tools. Featuring selected contributions presented at the 2018 Computational Methods in Experimental Economics Conference (CMEE 2018), this book provides a modern economic perspective on such important issues as: sustainable development, consumption, production, national wealth, the silver economy, behavioral finance, economic and non-economic factors determining the behavior of household members, consumer preferences, social campaigns, and neuromarketing. International case studies are also offered.

Soft Computing in Economics and Finance

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Publisher : Springer Science & Business Media
ISBN 13 : 3642177190
Total Pages : 295 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Soft Computing in Economics and Finance by : Ludmila Dymowa

Download or read book Soft Computing in Economics and Finance written by Ludmila Dymowa and published by Springer Science & Business Media. This book was released on 2011-01-21 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Problems, Methods and Tools in Experimental and Behavioral Economics

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Publisher : Springer
ISBN 13 : 3319991876
Total Pages : 342 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Problems, Methods and Tools in Experimental and Behavioral Economics by : Kesra Nermend

Download or read book Problems, Methods and Tools in Experimental and Behavioral Economics written by Kesra Nermend and published by Springer. This book was released on 2018-09-18 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: These proceedings highlight research on the latest trends and methods in experimental and behavioral economics. Featuring contributions presented at the 2017 Computational Methods in Experimental Economics (CMEE) conference, which was held in Lublin, Poland, it merges findings from various domains to present deep insights into topics such as game theory, decision theory, cognitive neuroscience and artificial intelligence. The fields of experimental economics and behavioral economics are rapidly evolving. Modern applications of experimental economics require the integration of know-how from disciplines including economics, computer science, psychology and neuroscience. The use of computer technology enhances researchers’ ability to generate and analyze large amounts of data, allowing them to use non-standard methods of data logging for experiments such as cognitive neuronal methods. Experiments are currently being conducted with software that, on the one hand, provides interaction with the people involved in experiments, and on the other helps to accurately record their responses. The goal of the CMEE conference and the papers presented here is to provide the scientific community with essential research on and applications of computer methods in experimental economics. Combining theories, methods and regional case studies, the book offers a valuable resource for all researchers, scholars and policymakers in the areas of experimental and behavioral economics.

Estimating Impact

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Publisher : Springer Science & Business Media
ISBN 13 : 1441962352
Total Pages : 362 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Estimating Impact by : Alexander Kott

Download or read book Estimating Impact written by Alexander Kott and published by Springer Science & Business Media. This book was released on 2010-09-15 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sociological theories of crime include: theories of strain blame crime on personal stressors; theories of social learning blame crime on its social rewards, and see crime more as an institution in conflict with other institutions rather than as in- vidual deviance; and theories of control look at crime as natural and rewarding, and explore the formation of institutions that control crime. Theorists of corruption generally agree that corruption is an expression of the Patron–Client relationship in which a person with access to resources trades resources with kin and members of the community in exchange for loyalty. Some approaches to modeling crime and corruption do not involve an explicit simulation: rule based systems; Bayesian networks; game theoretic approaches, often based on rational choice theory; and Neoclassical Econometrics, a rational choice-based approach. Simulation-based approaches take into account greater complexities of interacting parts of social phenomena. These include fuzzy cognitive maps and fuzzy rule sets that may incorporate feedback; and agent-based simulation, which can go a step farther by computing new social structures not previously identified in theory. The latter include cognitive agent models, in which agents learn how to perceive their en- ronment and act upon the perceptions of their individual experiences; and reactive agent simulation, which, while less capable than cognitive-agent simulation, is adequate for testing a policy’s effects with existing societal structures. For example, NNL is a cognitive agent model based on the REPAST Simphony toolkit.

Perception-based Data Mining and Decision Making in Economics and Finance

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Publisher : Springer
ISBN 13 : 3540362479
Total Pages : 367 pages
Book Rating : 4.5/5 (43 download)

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Book Synopsis Perception-based Data Mining and Decision Making in Economics and Finance by : Ildar Batyrshin

Download or read book Perception-based Data Mining and Decision Making in Economics and Finance written by Ildar Batyrshin and published by Springer. This book was released on 2007-04-05 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary goal of this book is to present to the scientific and management communities a selection of applications using more recent Soft Computing (SC) and Computing with Words and Perceptions (CWP) models and techniques meant to solve the economics and financial problems. The selected examples could also serve as a starting point or as an opening out, in the SC and CWP techniques application to a wider range of problems in economics and finance. Decision making in the present world is becoming more and more sophisticated, time consuming and difficult for human beings who require more and more computational support. This book addresses the significant increase on research and applications of Soft Computing and Computing with Words and Perceptions for decision making in Economics and Finance in recent years. Decision making is heavily based on information and knowledge usually extracted from the analysis of large amounts of data. Data mining techniques enabled with the capability to integrate human experience could be used for a more realistic business decision support. Computing with Words and Perceptions introduced by Lotfi Zadeh, can serve as a basis for such extension of traditional data mining and decision making systems. Fuzzy logic as a main constituent of CWP gives powerful tools for modeling and processing linguistic information defined on numerical domain.

Decision Economics: In the Tradition of Herbert A. Simon's Heritage

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Publisher : Springer
ISBN 13 : 3319608827
Total Pages : 143 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Decision Economics: In the Tradition of Herbert A. Simon's Heritage by : Edgardo Bucciarelli

Download or read book Decision Economics: In the Tradition of Herbert A. Simon's Heritage written by Edgardo Bucciarelli and published by Springer. This book was released on 2017-06-13 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: The special session on Decision Economics (DECON) is a scientific forum held annually and intended to share ideas, projects, research results, models and experiences associated with the complexity of behavioural decision processes and socio‐economic phenomena. DECON 2017 was held at the Polytechnic of Porto, ISEP, Portugal, as part of the 14th International Conference on Distributed Computing and Artificial Intelligence. For the second consecutive year, the Editors of this book have drawn inspiration from Herbert A. Simon’s immense body of work and argue that Simon precipitated something akin to a revolution in microeconomics focused on the concept of decision‐making. Further, it is worth noting that the recognition of relevant decision‐making takes place in a range of critical subject areas and research fields, including economics, finance, information systems, small and international business management, operations, and production. Therefore, decision‐making issues are of fundamental importance in all branches of economics addressed both deductively and inductively. Not surprisingly, the study of decision‐making has seen growing empirical research efforts in the economic literature over the last sixty years and, more recently, a variety of insightful cutting‐edge experimental, behavioural and computational approaches. Additionally, the awareness regarding generalizations and reductions to express economic concepts has led, on the one hand, to an increasing risk of spreading the language of mathematics as a rhetorical tool and, on the other hand, to an oversimplification and overlooking of some crucial details, especially when it comes to human decisions and, hence, economic behaviour. That awareness, however, has helped to produce an extraordinary volume of empirical research aimed at discovering how economic agents cope with complex decisions. In this sense, the international scientific community acknowledges Herbert A. Simon’s research endeavours to understand the processes involved in economic decision‐making and their implications for the advancement of economic professions. Within the field of decision‐making, indeed, Simon’s rejection of the standard decision‐making models used in neoclassical economics inspired social scientists worldwide to develop research programmes in order to study decision‐making empirically. The main achievements concern decision‐making for individuals, firms, markets, governments, institutions, and, last but not least, science and research.