TY  - BOOK
AU  - Aydın,Nadi Serhan
ED  - SpringerLink (Online service)
TI  - Financial Modelling with Forward-looking Information: An Intuitive Approach to Asset Pricing 
T2  - Contributions to Management Science,
SN  - 9783319571478
AV  - HG176.7 
U1  - 332 23
PY  - 2017///
CY  - Cham
PB  - Springer International Publishing, Imprint: Springer
KW  - Financial engineering
KW  - Operations research
KW  - Decision making
KW  - Business enterprises—Finance
KW  - Economics, Mathematical 
KW  - Computer mathematics
KW  - Financial Engineering
KW  - Operations Research/Decision Theory
KW  - Business Finance
KW  - Quantitative Finance
KW  - Computational Mathematics and Numerical Analysis
N1  - Introduction -- The Signal-based Framework -- A Signal-based Heterogeneous Agent Network -- Putting Signal-based Model to Work -- Conclusion.; Available to subscribing member institutions only. Доступно лише організаціям членам підписки
N2  - This book focuses on modelling financial information flows and information-based asset pricing framework. After introducing the fundamental properties of the framework, it presents a short information-theoretic perspective with a view to quantifying the information content of financial signals, and links the present framework with the literature on asymmetric information and market microstructure by means of a dynamic, bipartite, heterogeneous agent network. Numerical and explicit analyses shed light on the effects of differential information and information acquisition on the allocation of profit and loss as well as the pace of fundamental price discovery. The dynamic programming method is used to seek an optimal strategy for utilizing superior information. Lastly, the book features an implementation of the present framework using real-world financial data
UR  - https://doi.org/10.1007/978-3-319-57147-8
ER  -