Neural Networks in Finance : Gaining Predictive Edge in the Market Hardback
by Paul D. (Robert Bendheim Professor of International Economic and Financial Policy at Fordha McNelis
Part of the Academic Press Advanced Finance series
This book explores the intuitive appeal of neural networks and the genetic algorithm in finance.
It demonstrates how neural networks used in combination with evolutionary computation outperform classical econometric methods for accuracy in forecasting, classification and dimensionality reduction.
McNelis utilizes a variety of examples, from forecasting automobile production and corporate bond spread, to inflation and deflation processes in Hong Kong and Japan, to credit card default in Germany to bank failures in Texas, to cap-floor volatilities in New York and Hong Kong.
- Format: Hardback
- Pages: 256 pages, Approx. 200 illustrations; Illustrations, unspecified
- Publisher: Elsevier Science Publishing Co Inc
- Publication Date: 22/12/2004
- Category: Finance
- ISBN: 9780124859678