Neural networks are an established class of non-linear modelling technique. This paper offers an introduction and overview to neural nets with particular emphasis on financial applications. We present a brief history of the subject and provide details on two of the more popular models. In...

Genetic algorithms are a class of probabilistic optimization techniques that have proved useful in a wide variety of problem domains. This paper offers an introduction and overview to genetic algorithms and examines some of the finance-related applications to which the technique has been applied.