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Biologically Inspired Algorithms for Financial Modelling
Contributor(s): Brabazon, Anthony (Author), O'Neill, Michael (Author)
ISBN: 3642065732     ISBN-13: 9783642065736
Publisher: Springer
OUR PRICE:   $104.49  
Product Type: Paperback - Other Formats
Published: February 2010
Qty:
Additional Information
BISAC Categories:
- Computers | Computer Science
- Business & Economics | Finance - General
- Business & Economics | Operations Research
Dewey: 330.01
Series: Natural Computing
Physical Information: 0.62" H x 6.14" W x 9.21" (0.92 lbs) 277 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

Predicting the future for financial gain is a difficult, sometimes profitable activity. The focus of this book is the application of biologically inspired algorithms (BIAs) to financial modelling.

In a detailed introduction, the authors explain computer trading on financial markets and the difficulties faced in financial market modelling. Then Part I provides a thorough guide to the various bioinspired methodologies - neural networks, evolutionary computing (particularly genetic algorithms and grammatical evolution), particle swarm and ant colony optimization, and immune systems. Part II brings the reader through the development of market trading systems. Finally, Part III examines real-world case studies where BIA methodologies are employed to construct trading systems in equity and foreign exchange markets, and for the prediction of corporate bond ratings and corporate failures.

The book was written for those in the finance community who want to apply BIAs in financial modelling, and for computer scientists who want an introduction to this growing application domain.