Market Entropy

Market Entropy PDF Author: Rajagopal
Publisher: Business Expert Press
ISBN: 1951527895
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
This book discusses competitive market dynamics explain contextual market entropy caused because of swift changes in the innovation and technology scenarios. It delineates the attributes of cognitive ergonomics of consumers responding to the market dynamics under the shrinking scenarios of large markets. The author analyzes the emerging theory of chaos, fragmentation of markets, and agile business models to gain advantage in the competitive marketplace and deliberates upon factors that are critical to success of firms. In addition, this book presents new insights on developing hybrid business models using both aggressive and defensive marketing strategies to manage market chaos and behavioral complexities of consumers.

Market Entropy

Market Entropy PDF Author: Rajagopal
Publisher: Business Expert Press
ISBN: 1951527895
Category : Business & Economics
Languages : en
Pages : 174

Get Book

Book Description
This book discusses competitive market dynamics explain contextual market entropy caused because of swift changes in the innovation and technology scenarios. It delineates the attributes of cognitive ergonomics of consumers responding to the market dynamics under the shrinking scenarios of large markets. The author analyzes the emerging theory of chaos, fragmentation of markets, and agile business models to gain advantage in the competitive marketplace and deliberates upon factors that are critical to success of firms. In addition, this book presents new insights on developing hybrid business models using both aggressive and defensive marketing strategies to manage market chaos and behavioral complexities of consumers.

A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Ninth Edition)

A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Ninth Edition) PDF Author: Burton G. Malkiel
Publisher: W. W. Norton & Company
ISBN: 0393330338
Category : Business & Economics
Languages : en
Pages : 454

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Book Description
Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, the bestselling guide to investing evaluates the full range of financial opportunities.

The Principle of Trading Economics

The Principle of Trading Economics PDF Author: Zhenying Wang
Publisher: Springer Nature
ISBN: 9811503796
Category : Business & Economics
Languages : en
Pages : 871

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Book Description
This book is devoted to establishing a completely new concept within economics referred to as "trading economics" which is a reconstructed economic system in theory that seeks perfect harmony between micro and macro elements in a structured way, hence making the economic theory a rigorous system supported by internal logical continuity. Representing a revolution of the existing theoretical framework, trading economics has changed the logic of mainstream economics. Specifically, it deduces the "macro whole" from the "micro individuals", and it introduces a systematic and comprehensive analysis approach. It stresses that within an interconnected world, the interaction between trading agents is the fundamental driving force behind the operation, development and evolution of the economic system.

Customer Visits: Building a Better Market Focus

Customer Visits: Building a Better Market Focus PDF Author: Edward F. McQuarrie
Publisher: Routledge
ISBN: 1317473485
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Visits to customers by a cross-functional team of marketers and engineers play an important role in new product development, entry into new markets, and in exploring customer satisfaction and dissatisfaction. The new edition of this widely used professional resource provides step-by-step instructions for making effective use of this market research technique.Using a wealth of specific examples, Edward F. McQuarrie explains how to set feasible objectives and how to select the right number of the right kind of customers to visit. One of the leading experts in the field, McQuarrie demonstrates how to construct a discussion guide and how to devise good questions, and offers practical advice on how to conduct face-to-face interviews.Extensively updated throughout, this third edition includes three new chapters as well as expanded coverage of the analysis of visit data. It also discusses which industries and product categories are most (and least) suitable to the customer visit technique. The author also covers how the customer visit technique compares to other market research techniques such as focus groups.

Market Microstructure Theory

Market Microstructure Theory PDF Author: Maureen O'Hara
Publisher: John Wiley & Sons
ISBN: 0631207619
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
Written by one of the leading authorities in market microstructure research, this book provides a comprehensive guide to the theoretical work in this important area of finance.

The Entropy Vector

The Entropy Vector PDF Author: Robert D Handscombe
Publisher: World Scientific
ISBN: 9814485241
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
' How do managers and entrepreneurs evaluate risk, encourage creativity or manage change? Might a better grasp of science help? The authors of this book suggest that there is real value in trying to connect science to business and that science is far too important just to be left to the scientists. All of science is too large a prospect, so the authors limit themselves to looking at disorder. We must all learn to manage and control change, and there is plenty of social, technical and business change going on. The authors suggest that a clearer understanding of entropy and the choices it presents will assist in that management of change — or, as they put it, to manage disorder one needs to control the entropy vector. This book is for scientists and engineers aspiring to business success and for business people interested in new approaches. Contents:Disorderly SignpostsPlanck's Inspiration: Nature, Philosophy and BusinessLife, the Universe and EntropyThe Entropy VectorEnergy and EntropyTime and EntropyManaging DisorderCreativity and InnovationRisk and EntropyMental EntropyEntropy Trade-offsThe Entropy Tool-Kit Readership: Engineers and scientists interested in or studying management; middle and top managers. Keywords:Disorder;Choice;Trade-off;Efficiency;Creativity;Management;Sustainability;EntropyReviews:“This is a well-researched, well written, amusing and stimulating read … Overall, this is a book that makes you think … Read and enjoy it.”Martin Sandford Vice-President LES Britain & Ireland “This book is short and easy to read. It illustrates points with many original cartoons and diagrams … it is well indexed and is designed to allow sampling it randomly.”Journal of Product Innovation Management “There is more reason, sense and entertainment here than in most pop management books. Verdict: recommended if you feel like a different perspective on that productive gap between stability and disorder from authors who do actually know their science and engineering.”Sam Garrett-Jones University of Wollongong, Australia '

Adaptive Processes in Economic Systems by Roy E Murphy

Adaptive Processes in Economic Systems by Roy E Murphy PDF Author: Roy E. Murphy
Publisher: Elsevier
ISBN: 9780080955261
Category : Mathematics
Languages : en
Pages : 322

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Book Description
In this book, we study theoretical and practical aspects of computing methods for mathematical modelling of nonlinear systems. A number of computing techniques are considered, such as methods of operator approximation with any given accuracy; operator interpolation techniques including a non-Lagrange interpolation; methods of system representation subject to constraints associated with concepts of causality, memory and stationarity; methods of system representation with an accuracy that is the best within a given class of models; methods of covariance matrix estimation; methods for low-rank matrix approximations; hybrid methods based on a combination of iterative procedures and best operator approximation; and methods for information compression and filtering under condition that a filter model should satisfy restrictions associated with causality and different types of memory. As a result, the book represents a blend of new methods in general computational analysis, and specific, but also generic, techniques for study of systems theory ant its particular branches, such as optimal filtering and information compression. - Best operator approximation, - Non-Lagrange interpolation, - Generic Karhunen-Loeve transform - Generalised low-rank matrix approximation - Optimal data compression - Optimal nonlinear filtering

Economic and Financial Market Behaviour

Economic and Financial Market Behaviour PDF Author: Emil Dinga
Publisher: Springer Nature
ISBN: 3031317025
Category : Business & Economics
Languages : en
Pages : 331

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Book Description
This book explores the interplay between financial markets, economic systems, and society. Through introducing the concept of autopoiesis, based on the newly conceived Autopoietic Market Hypothesis, ideas of evolution are applied to financial markets to highlights the ways in which economic systems change as they are subject to social selection. By placing this perspective on financial markets, economic development and flows are seen as part of a living system that is influenced by social and political trends. Ideas of integral utility, the logical model of autopoietic financial markets, economic fitness, and the mutation of economic markets are also discussed. This book presents a new and distinctive perspective on financial markets and economic systems. It will be of interest to students, researchers, and policymakers working within financial economics.

Testing and Tuning Market Trading Systems

Testing and Tuning Market Trading Systems PDF Author: Timothy Masters
Publisher: Apress
ISBN: 1484241738
Category : Computers
Languages : en
Pages : 325

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Book Description
Build, test, and tune financial, insurance or other market trading systems using C++ algorithms and statistics. You’ve had an idea and have done some preliminary experiments, and it looks promising. Where do you go from here? Well, this book discusses and dissects this case study approach. Seemingly good backtest performance isn't enough to justify trading real money. You need to perform rigorous statistical tests of the system's validity. Then, if basic tests confirm the quality of your idea, you need to tune your system, not just for best performance, but also for robust behavior in the face of inevitable market changes. Next, you need to quantify its expected future behavior, assessing how bad its real-life performance might actually be, and whether you can live with that. Finally, you need to find its theoretical performance limits so you know if its actual trades conform to this theoretical expectation, enabling you to dump the system if it does not live up to expectations. This book does not contain any sure-fire, guaranteed-riches trading systems. Those are a dime a dozen... But if you have a trading system, this book will provide you with a set of tools that will help you evaluate the potential value of your system, tweak it to improve its profitability, and monitor its on-going performance to detect deterioration before it fails catastrophically. Any serious market trader would do well to employ the methods described in this book. What You Will Learn See how the 'spaghetti-on-the-wall' approach to trading system development can be done legitimatelyDetect overfitting early in developmentEstimate the probability that your system's backtest results could have been due to just good luckRegularize a predictive model so it automatically selects an optimal subset of indicator candidatesRapidly find the global optimum for any type of parameterized trading systemAssess the ruggedness of your trading system against market changesEnhance the stationarity and information content of your proprietary indicatorsNest one layer of walkforward analysis inside another layer to account for selection bias in complex trading systemsCompute a lower bound on your system's mean future performanceBound expected periodic returns to detect on-going system deterioration before it becomes severeEstimate the probability of catastrophic drawdown Who This Book Is For Experienced C++ programmers, developers, and software engineers. Prior experience with rigorous statistical procedures to evaluate and maximize the quality of systems is recommended as well.

Statistical Mechanics

Statistical Mechanics PDF Author: James Sethna
Publisher: OUP Oxford
ISBN: 0191566217
Category : Science
Languages : en
Pages : 374

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Book Description
In each generation, scientists must redefine their fields: abstracting, simplifying and distilling the previous standard topics to make room for new advances and methods. Sethna's book takes this step for statistical mechanics - a field rooted in physics and chemistry whose ideas and methods are now central to information theory, complexity, and modern biology. Aimed at advanced undergraduates and early graduate students in all of these fields, Sethna limits his main presentation to the topics that future mathematicians and biologists, as well as physicists and chemists, will find fascinating and central to their work. The amazing breadth of the field is reflected in the author's large supply of carefully crafted exercises, each an introduction to a whole field of study: everything from chaos through information theory to life at the end of the universe.