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 :
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