DocumentCode
2829821
Title
Human Reasoning Awareness Quantified by Self-Organizing Map Using Collaborative Decision Making for Multiple Investment Models
Author
Pham, Hai V. ; Tran, Khang D. ; Thang, C. ; Cooper, Eric W. ; Kamei, K.
Author_Institution
Grad. Sch. of Sci. & Eng., Ritsumeikan Univ., Kusatsu, Japan
fYear
2011
fDate
June 30 2011-July 2 2011
Firstpage
101
Lastpage
108
Abstract
Collaborative Decision Making (CDM) is one of the concepts of human reasoning awareness, which refers to expert knowledge of the group and its preferences in a dynamic market environment. In this paper, we present a new approach, which is a framework for collaborative decision making, together with expert feelings about market dynamics to deal with multiple models of stock investment portfolios. The framework aims to aggregate collective expert preferences, including of group expert psychology and sensibility, assists a dynamic trading support system and achieve the greatest investment returns. Kansei evaluation uses to quantify trader sensibilities about trading decisions, market conditions with uncertain risks. Collective group psychology and preference of traders are quantified that represent in membership weights. The framework is used to quantify Kansei, quantitative and qualitative data sets, which are visualized by Self-Organizing Map (SOM) in order to select the best alternatives with dynamic solutions for investment. To confirm the model´s performance, the proposed approach has been tested and performed well in stock trading for stock investment portfolios. The experiments through case studies show that the new approach, applying Kansei evaluation enhances the capability of investment returns and reduce losses to deal with various financial investment models.
Keywords
decision support systems; self-organising feature maps; stock markets; CDM; Kansei evaluation; SOM; collaborative decision making; collective group psychology; dynamic market environment; expert preferences; expert psychology; financial investment models; human reasoning awareness; investment returns; multiple investment models; self organizing map; stock investment portfolios; Cognition; Companies; Decision making; Humans; Investments; Portfolios; Stock markets; Collaborative Decision Making; Hybrid Intelligent Investment Model; Investment Risk; Kansei Evaluation; Risk Management; Self-Organizing Map; Stock Market Investment;
fLanguage
English
Publisher
ieee
Conference_Titel
Complex, Intelligent and Software Intensive Systems (CISIS), 2011 International Conference on
Conference_Location
Seoul
Print_ISBN
978-1-61284-709-2
Electronic_ISBN
978-0-7695-4373-4
Type
conf
DOI
10.1109/CISIS.2011.24
Filename
5988975
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