• DocumentCode
    3465942
  • Title

    The Use of Heuristics in Creating Speculation Strategy

  • Author

    Piech, Henryk ; Górnik, Urszula

  • Author_Institution
    Czestochowa Univ. of Technol., Czestochowa, Poland
  • fYear
    2009
  • fDate
    June 30 2009-July 2 2009
  • Firstpage
    304
  • Lastpage
    312
  • Abstract
    In our paper we present the idea of creating heuristics, basing on the Nash equilibrium, for making decisions referring to stock games. On the contrary to preferring the stock parameters as well as the prognosis theory, applying the equilibrium of strategic games methods enriches the quantity of information (entropy level) which gives the possibility to consider the unfavourable and the unexpected trends and prognosis turns. This is an effect of considering varied strategies of game results, and also gives the possibility of creating ´monetary coalition´, which protects player´s financial resources.
  • Keywords
    game theory; Nash equilibrium; monetary coalition; speculation strategy; strategic game method; Cost function; Economic forecasting; Financial management; Fluctuations; Game theory; Information entropy; Nash equilibrium; Proposals; Protection; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Dependability of Computer Systems, 2009. DepCos-RELCOMEX '09. Fourth International Conference on
  • Conference_Location
    Brunow
  • Print_ISBN
    978-0-7695-3674-3
  • Type

    conf

  • DOI
    10.1109/DepCoS-RELCOMEX.2009.38
  • Filename
    5261000