Purpose – The purpose of this paper is to perform a comparative study of prediction performances of an artificial neutral network (ANN) model against a linear prediction model like a linear discriminant analysis (LDA) with regards to forecasting corporate credit ratings from financial...

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The huge popularity of Hidden Markov models in pattern recognition is due to the ability to 'learn' model parameters from an observation sequence through Baum-Welch and other re-estimation procedures. In the case of HMM parameter estimation from an ensemble of observation sequences, rather than...

Previous research has suggested that depth of search in chess does not increase much as a function of skill. We submitted players to a problem-solving task with complex positions. We found a strong skill effect in depth of search, rate of search, and number of nodes generated. At the level of...

Cycle-theory-based market analysis is the main focus of this thesis, in which I try to find systematic methods to recognize and utilize market patterns, especially cyclic ones, to obtain a correct understanding of market movements. The KNN algorithm, a pattern recognition method extensively used...