کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
383861 660834 2010 7 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Strategy of global asset allocation using extended classifier system
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه مهندسی کامپیوتر هوش مصنوعی
پیش نمایش صفحه اول مقاله
Strategy of global asset allocation using extended classifier system
چکیده انگلیسی

There are several studies about extended classification system (XCS) in past years. XCS model can dynamically learn and adapt to the change of environments for maximizing the desired goals. This paper conducts simulation to apply XCS to global asset allocation in the country-specific exchanged traded funds (ETFs). Since international stock price trend is influenced by unknown and unpredictable surroundings, using XCS to model the fluctuations on global financial market allows for the discovery of the patterns of the future trends. As such, the benefits of international asset diversification can be achieved in a tax-efficient way with country-specific ETFs at a low transaction cost with minimized tracking error. These empirical results indicate that XCS is capable of evolving over time, and thus XCS can provide a good indicator for future global asset allocation decision-making aiming at maximized profit.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Expert Systems with Applications - Volume 37, Issue 9, September 2010, Pages 6611–6617
نویسندگان
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