Matches in SemOpenAlex for { <https://semopenalex.org/work/W2022092862> ?p ?o ?g. }
Showing items 1 to 96 of
96
with 100 items per page.
- W2022092862 endingPage "1063" @default.
- W2022092862 startingPage "1043" @default.
- W2022092862 abstract "From a computation-theoretic standpoint, this paper formalizes the notion of unpredictability in the efficient market hypothesis (EMH) by a biological-based search program, i.e., genetic programming (GP). This formalization differs from the traditional notion based on probabilistic independence in its treatment of search. Compared with the traditional notion, a GP-based search provides an explicit and efficient search program upon which an objective measure for predictability can be formalized in terms of search intensity and chance of success in the search. This will be illustrated by an example of applying GP to predict chaotic time series. Then the EMH based on this notion will be exemplified by an application to the Taiwan and US stock market. A short-term sample of TAIEX and S&P 500 with the highest complexity defined by Rissanen's minimum description length principle (MDLP) is chosen and tested. It is found that, while linear models cannot predict better than the random walk, a GP-based search can beat random walk by 50%. It, therefore, confirms the belief that while the short-term nonlinear regularities might still exist, the search costs of discovering them might be too high to make the exploitation of these regularities profitable, hence the efficient market hypothesis is sustained." @default.
- W2022092862 created "2016-06-24" @default.
- W2022092862 creator A5033401486 @default.
- W2022092862 creator A5079473592 @default.
- W2022092862 date "1997-06-01" @default.
- W2022092862 modified "2023-10-01" @default.
- W2022092862 title "Toward a computable approach to the efficient market hypothesis: An application of genetic programming" @default.
- W2022092862 cites W1971484637 @default.
- W2022092862 cites W1973959218 @default.
- W2022092862 cites W1987203652 @default.
- W2022092862 cites W2011676959 @default.
- W2022092862 cites W2032927332 @default.
- W2022092862 cites W2082179812 @default.
- W2022092862 cites W2086930657 @default.
- W2022092862 cites W2106596127 @default.
- W2022092862 cites W2113687945 @default.
- W2022092862 cites W2120364237 @default.
- W2022092862 cites W4238407111 @default.
- W2022092862 cites W4239973908 @default.
- W2022092862 doi "https://doi.org/10.1016/s0165-1889(97)82991-0" @default.
- W2022092862 hasPublicationYear "1997" @default.
- W2022092862 type Work @default.
- W2022092862 sameAs 2022092862 @default.
- W2022092862 citedByCount "86" @default.
- W2022092862 countsByYear W20220928622012 @default.
- W2022092862 countsByYear W20220928622013 @default.
- W2022092862 countsByYear W20220928622014 @default.
- W2022092862 countsByYear W20220928622016 @default.
- W2022092862 countsByYear W20220928622017 @default.
- W2022092862 countsByYear W20220928622019 @default.
- W2022092862 countsByYear W20220928622020 @default.
- W2022092862 countsByYear W20220928622021 @default.
- W2022092862 countsByYear W20220928622022 @default.
- W2022092862 countsByYear W20220928622023 @default.
- W2022092862 crossrefType "journal-article" @default.
- W2022092862 hasAuthorship W2022092862A5033401486 @default.
- W2022092862 hasAuthorship W2022092862A5079473592 @default.
- W2022092862 hasConcept C105795698 @default.
- W2022092862 hasConcept C110332635 @default.
- W2022092862 hasConcept C121194460 @default.
- W2022092862 hasConcept C121332964 @default.
- W2022092862 hasConcept C144237770 @default.
- W2022092862 hasConcept C149782125 @default.
- W2022092862 hasConcept C151730666 @default.
- W2022092862 hasConcept C154945302 @default.
- W2022092862 hasConcept C162324750 @default.
- W2022092862 hasConcept C197640229 @default.
- W2022092862 hasConcept C2780299701 @default.
- W2022092862 hasConcept C2780762169 @default.
- W2022092862 hasConcept C29368100 @default.
- W2022092862 hasConcept C33923547 @default.
- W2022092862 hasConcept C41008148 @default.
- W2022092862 hasConcept C49937458 @default.
- W2022092862 hasConcept C61797465 @default.
- W2022092862 hasConcept C62520636 @default.
- W2022092862 hasConcept C86803240 @default.
- W2022092862 hasConceptScore W2022092862C105795698 @default.
- W2022092862 hasConceptScore W2022092862C110332635 @default.
- W2022092862 hasConceptScore W2022092862C121194460 @default.
- W2022092862 hasConceptScore W2022092862C121332964 @default.
- W2022092862 hasConceptScore W2022092862C144237770 @default.
- W2022092862 hasConceptScore W2022092862C149782125 @default.
- W2022092862 hasConceptScore W2022092862C151730666 @default.
- W2022092862 hasConceptScore W2022092862C154945302 @default.
- W2022092862 hasConceptScore W2022092862C162324750 @default.
- W2022092862 hasConceptScore W2022092862C197640229 @default.
- W2022092862 hasConceptScore W2022092862C2780299701 @default.
- W2022092862 hasConceptScore W2022092862C2780762169 @default.
- W2022092862 hasConceptScore W2022092862C29368100 @default.
- W2022092862 hasConceptScore W2022092862C33923547 @default.
- W2022092862 hasConceptScore W2022092862C41008148 @default.
- W2022092862 hasConceptScore W2022092862C49937458 @default.
- W2022092862 hasConceptScore W2022092862C61797465 @default.
- W2022092862 hasConceptScore W2022092862C62520636 @default.
- W2022092862 hasConceptScore W2022092862C86803240 @default.
- W2022092862 hasIssue "6" @default.
- W2022092862 hasLocation W20220928621 @default.
- W2022092862 hasOpenAccess W2022092862 @default.
- W2022092862 hasPrimaryLocation W20220928621 @default.
- W2022092862 hasRelatedWork W1490169843 @default.
- W2022092862 hasRelatedWork W1567992464 @default.
- W2022092862 hasRelatedWork W199227219 @default.
- W2022092862 hasRelatedWork W2055823404 @default.
- W2022092862 hasRelatedWork W2150874723 @default.
- W2022092862 hasRelatedWork W2306650440 @default.
- W2022092862 hasRelatedWork W3034789210 @default.
- W2022092862 hasRelatedWork W3122993525 @default.
- W2022092862 hasRelatedWork W4236524557 @default.
- W2022092862 hasRelatedWork W2183385445 @default.
- W2022092862 hasVolume "21" @default.
- W2022092862 isParatext "false" @default.
- W2022092862 isRetracted "false" @default.
- W2022092862 magId "2022092862" @default.
- W2022092862 workType "article" @default.