We examine a method recently proposed by Hinich and Patterson (mimeo, University of Texas at Austin, 1995) for testing the validity of specifying a GARCH error structure for financial time series data in the context of a set of ten daily Sterling exchange rates. The results demonstrate that...

As online markets for the exchange of goods and services become more common, the study of markets composed at least in part of autonomous agents has taken on increasing importance. In contrast to traditional completeinformation economic scenarios, agents that are operating in an electronic...

An alternative procedure to that of Lo is proposed for assessing whether there is significant evidence of persistence in time series. The technique estimates the Hurst exponent itself, and significance testing is based on an application of bootstrapping using surrogate data. The method is...

In "Datenanalyse mit KI optimieren: Mit fortschrittlicher Analyse und KI Wettbewerbsvorteile erzielen" entfalten Christopher Brooks und Anna Petrova ein meisterhaftes Kompendium, das die transformative Kraft der künstlichen Intelligenz in der Welt der Datenanalyse offenbart. Dieses Buch dient...