@inbook{a30411558d9d41bdb2ed790fa69423bd,
title = "Bayesian support vector machines for economic modeling: Application to option pricing",
abstract = "An option is the right, not the obligation, to buy or sell an underlying asset at a later date by fixing the price of the asset at the present moment. European styled options can be priced using the Black-Scholes equation and are only exercised at the end of the period but American options can be exercised at any time during the period and are, therefore, more complex due to the second random process they introduce. Support vector machines and multi-layered perceptron techniques are implemented using Bayesian technique to model American options and the results are compared.",
author = "Tshilidzi Marwala",
note = "Publisher Copyright: {\textcopyright} Springer-Verlag London 2013.",
year = "2013",
doi = "10.1007/978-1-4471-5010-7_5",
language = "English",
series = "Advanced Information and Knowledge Processing",
publisher = "Springer London",
number = "9781447150091",
pages = "83--100",
booktitle = "Advanced Information and Knowledge Processing",
address = "United Kingdom",
edition = "9781447150091",
}