Hidden Markov Models

Applications to Financial Economics

Autor*innen

• Ramaprasad Bhar
• Shigeyuki Hamori

Parameter

• 184 Seiten
• 7 Lesestunden

• Wirtschaft

Mehr zum Buch

Markov chains provide a powerful framework for modeling the stochastic behavior of economic and financial variables. This book explores the application of hidden Markov processes, which have proven effective in engineering fields like speech recognition, and highlights their growing significance in social science research. By bridging these disciplines, the text aims to enhance understanding and utilization of Markov models in various research contexts, showcasing their versatility and impact on analyzing complex systems.

• Sprache: Englisch
• Erscheinungsdatum: 2010
• Einband: Paperback