host ::
| Hlavní stránka > Konferenční materiály > Příspěvky z konference > On the information-based approaches in economics and finance |
Název:
On the information-based approaches in economics and finance
Autoři: Kalina, Jan
Typ dokumentu: Příspěvky z konference
Konference/Akce: International Days of Statistics and Economics /18./, Prague (CZ), 20240905
Rok: 2024
Jazyk: eng
Abstrakt: The amount of information relevant for decision making in economic and financial applications keeps dramatically increasing. This will allow a radical transformation of economic and financial practices towards the ideals that may be denoted as informationbased. These information-based procedures will exploit modern statistical tools for extracting useful knowledge from the available information in the form of data. This paper is devoted to a discussion of information-based approaches to investing, which will be based on portfolio diversification and optimization, or to transfer learning, where the last is based on information flow from given learning tasks (especially in finance) to a new related task. In addition, a novel robust procedure for estimating the parameters of the Gompertz curve is proposed here. On the whole, the information-based approaches in economics and finance will definitely go beyond the currently discussed evidence-based approaches, which are inspired by the currently popular concept of the evidence-based medicine.
Klíčová slova: information flow; information sciences; nonlinear regression; robust estimation; transfer learning
Číslo projektu: GA24-11146S (CEP)
Poskytovatel projektu: GA ČR
Zdrojový dokument: The 18th International Days of Statistics and Economics Conference Proceedings, ISBN 978-80-87990-34-6
Instituce: Ústav informatiky AV ČR (web)
Informace o dostupnosti dokumentu: Dokument je dostupný na externích webových stránkách.
Externí umístění souboru: https://msed.vse.cz/msed_2024/article/msed-2024-756-paper.pdf
Původní záznam: https://hdl.handle.net/11104/0360194
Trvalý odkaz NUŠL: http://www.nusl.cz/ntk/nusl-669372
Záznam je zařazen do těchto sbírek:
Věda a výzkum > AV ČR > Ústav informatiky
Konferenční materiály > Příspěvky z konference
Autoři: Kalina, Jan
Typ dokumentu: Příspěvky z konference
Konference/Akce: International Days of Statistics and Economics /18./, Prague (CZ), 20240905
Rok: 2024
Jazyk: eng
Abstrakt: The amount of information relevant for decision making in economic and financial applications keeps dramatically increasing. This will allow a radical transformation of economic and financial practices towards the ideals that may be denoted as informationbased. These information-based procedures will exploit modern statistical tools for extracting useful knowledge from the available information in the form of data. This paper is devoted to a discussion of information-based approaches to investing, which will be based on portfolio diversification and optimization, or to transfer learning, where the last is based on information flow from given learning tasks (especially in finance) to a new related task. In addition, a novel robust procedure for estimating the parameters of the Gompertz curve is proposed here. On the whole, the information-based approaches in economics and finance will definitely go beyond the currently discussed evidence-based approaches, which are inspired by the currently popular concept of the evidence-based medicine.
Klíčová slova: information flow; information sciences; nonlinear regression; robust estimation; transfer learning
Číslo projektu: GA24-11146S (CEP)
Poskytovatel projektu: GA ČR
Zdrojový dokument: The 18th International Days of Statistics and Economics Conference Proceedings, ISBN 978-80-87990-34-6
Instituce: Ústav informatiky AV ČR (web)
Informace o dostupnosti dokumentu: Dokument je dostupný na externích webových stránkách.
Externí umístění souboru: https://msed.vse.cz/msed_2024/article/msed-2024-756-paper.pdf
Původní záznam: https://hdl.handle.net/11104/0360194
Trvalý odkaz NUŠL: http://www.nusl.cz/ntk/nusl-669372
Záznam je zařazen do těchto sbírek:
Věda a výzkum > AV ČR > Ústav informatiky
Konferenční materiály > Příspěvky z konference
Záznam vytvořen dne 2025-02-01, naposledy upraven 2025-03-02.