Sydney Financial Mathematics Workshop

Sponsored by

National Australia Bank


Complexity and Financial Decision Problems

Detlef Seese
Institute AIFB, University Karlsruhe (TH), Germany
seese@aifb.uni-karlsruhe.de, www.aifb.uni-karlsruhe.de/CoM

Time: 5:15--7:00 pm
Date: Wednesday 8th May 2002
Venue: Ground Floor, AAP Seminar Room, 259 George St

Abstract

Financial decision making is one of the most complex problems in contemporary business life. It is the goal of this talk to build a bridge between results from complexity theory and selected financial decision problems. After a survey of some recent developments in complexity theory the talk will provide a structural analysis of some financial decision problems, covering operational risk and credit risk and prediction of the stock market. The research is conducted from a complexity researcher's perspective. As an alternative to classical techniques problem solving methods using intelligent systems will be discussed.

The talk is based on results obtained in cooperation with F. Schlottmann (Institute AIFB, University Karlsruhe (TH), Germany).

Paper: complexity.pdf


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