Rough sets approach to economic modeling: Unlocking knowledge in financial data

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

Building models to accurately forecast financial markets has drawn the attention of economists, bankers, mathematicians and scientists alike. The financial markets are the foundation of every economy and there are many aspects that affect the direction, volume, price, and flow of traded stocks. The markets’ weakness to external and non-financial features as well as the ensuing volatility makes the development of a robust and accurate financial market forecasting model an interesting problem. In this chapter a rough set theory based forecasting model is applied to the financial markets to identify a set of reducts and possibly a set of trading rules based on trading data.

Original languageEnglish
Title of host publicationAdvanced Information and Knowledge Processing
PublisherSpringer London
Pages101-118
Number of pages18
Edition9781447150091
DOIs
Publication statusPublished - 2013

Publication series

NameAdvanced Information and Knowledge Processing
Number9781447150091
ISSN (Print)1610-3947
ISSN (Electronic)2197-8441

ASJC Scopus subject areas

  • Management Information Systems
  • Information Systems
  • Information Systems and Management
  • Artificial Intelligence

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