From Hedging to Speculation - An Explanaton Based on Prospect Theory.
Qingwei LiuYi LiShouyang WangPublished in: J. Syst. Sci. Complex. (2008)
Keyphrases
- prospect theory
- decision making
- expected utility
- financial markets
- option pricing
- transaction costs
- decision theoretic
- exchange rate
- cooperative
- utility function
- risk management
- pareto optimal
- decision theory
- machine learning
- random variables
- cost function
- special case
- reinforcement learning
- knowledge base
- learning algorithm