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
Link To Document