Japanese company replaces office workers with artificial intelligence
Japanese insurance firm replaces office workers with artificial intelligencehttps://t.co/xrlDq35vrS â moneyscience (@moneyscience) January 5, 2017
View ArticleMiFID II Not Just for EU: New Buyside Survey Finds North American Asset...
NEW YORK, Jan. 05, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today released a survey of North American institutional investors about the...
View ArticleDo Technical Experts Make Better Leaders? Part 2
Someone read yesterday's blog post about technical experts as leaders, and they asked me if I had done a similar analysis for NFL coaches. In yesterday's blog post, I showed that most NBA...
View ArticleThe Golden Era of Hedge Funds Draws to a Close With Clients in Revolt
The Golden Era of Hedge Funds Draws to a Close With Clients in Revolt https://t.co/BBU2bLcC7E â moneyscience (@moneyscience) January 5, 2017
View ArticleChebyshev Reduced Basis Function applied to Option Valuation....
This paper concerns the design of a Reduced basis function approach to mitigate the impact of the "Curse of Dimensionality" which appears when we deal with multidimensional interpolation, in...
View ArticlePredicting Economic Recessions Using Machine Learning Algorithms....
Even at the beginning of 2008, the economic recession of 2008/09 was not being predicted. The failure to predict recessions is a persistent theme in economic forecasting. The Survey of Professional...
View ArticleRational Decision-Making Under Uncertainty: Observed Betting Patterns on a...
What would you do if you were invited to play a game where you were given \$25 and allowed to place bets for 30 minutes on a coin that you were told was biased to come up heads 60% of the time? This is...
View ArticleOptimal liquidation in a Level-I limit order book for large tick stocks....
We propose a framework to study the optimal liquidation strategy in a limit order book for large-tick stocks, with spread equal to one tick. All order book events (market orders, limit orders and...
View ArticleClik here to view.
January 2017 Data Update 1: The Promise and Perils of "Big Data"!
Each year, for the last 25 years, I have spent the first week playing Moneyball, with financial data. I gather accounting and market data on all publicly traded companies, listed globally, and then try...
View ArticleCorzine Reaches $5 Million Settlement With Regulators in MF Global Case
Corzine Reaches $5 Million Settlement With Regulators in MF Global Case https://t.co/bwa6rdWp6u â John Lothian (@JohnLothian) January 6, 2017
View ArticleDerivatives Analytics with Python: Data Analysis, Models, Simulation,...
Book - Derivatives Analytics with Python: Data Analysis, Models, Simulation, Calibration & Hedging- Y Hilpisch https://t.co/jxoGya6gz5 @dyjh â moneyscienceâ¦
View ArticleTrumponomics 'will not work', say Nobel-winning economists
Trumponomics gets the thumbs down from Nobel-winning economists at AFA Annual Meeting https://t.co/QQf8GnTnVT â moneyscience (@moneyscience) January 9, 2017
View ArticleProperty Safety Stock Policy for Correlated Commodities Based on Probability...
Deriving the optimal safety stock quantity with which to meet customer satisfaction is one of the most important topics in stock management. However, it is difficult to control the stock management of...
View ArticleSerially Nested CES General Equilibrium. (arXiv:1701.02216v1 [q-fin.EC])
We model production based upon a serially nested function, as we take into account the sequential processing nature of production activities. The sequence of intra-industrial processing is emulated...
View ArticlePolitical elections and uncertainty -Are BRICS markets equally exposed to...
There certainly is little or no doubt that politicians, sometimes consciously and sometimes not, exert a significant impact on stock markets. The evolving volatility over the Republican Donald Trump's...
View ArticleStability for gains from large investors' strategies in M1/J1 topologies....
We prove continuity of a controlled SDE solution in Skorokhod's $J_1$ and $M_1$ topologies and also uniformly, in probability, as a non-linear functional of the control strategy. The functional comes...
View ArticleAsset correlation estimation for inhomogeneous exposure pools....
Asset correlations play an important role in credit portfolio modelling. One possible data source for their estimation are default time series. This study investigates the systematic error that is made...
View ArticleFunctional Analytic (Ir-)Regularity Properties of SABR-type Processes....
The SABR model is a benchmark stochastic volatility model in interest rate markets, which has received much attention in the past decade. Its popularity arose from a tractable asymptotic expansion for...
View ArticlePricing insurance drawdown-type contracts with underlying L\'evy assets....
In this paper we consider some insurance policies related with drawdown and drawup events of log-returns for an underlying asset modeled by a spectrally negative geometric L\'evy process. We consider...
View ArticleMultiplex interbank networks and systemic importance - An application to...
Research on interbank networks and systemic importance is starting to recognise that the web of exposures linking banks' balance sheets is more complex than the single-layer-of-exposure approach...
View Article