A copula-based model of speculative price dynamics in discrete time.

Umberto Cherubini Sabrina Mulinacci Silvia Romagnoli

Published in: J. Multivar. Anal. (2011)

Keyphrases

computational model
formal model
objective function
prior knowledge
statistical model
experimental data
conceptual model
bayesian framework
probability distribution
em algorithm
joint distribution
markov processes
cellular automata model