摘要翻译:
这篇文章是“为什么市场是无效的:一个金融市场的赌博‘理论’为实践者和理论家”一文的开场白。它为这篇文章提供了重要的背景--为什么赌博对现实世界的交易者来说是重要的,甚至是必要的--策略/赌博方法优于市场原教旨主义和科学方法的竞争市场意识形态的原因--及其发现有利可图的交易系统的潜力。本文大部分摘自2017年《世界科学》一书“金融市场的战略分析(共2卷)”的第一章。
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英文标题:
《On a Constructive Theory of Markets》
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作者:
Steven D. Moffitt
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最新提交年份:
2018
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分类信息:
一级分类:Economics 经济学
二级分类:Econometrics 计量经济学
分类描述:Econometric Theory, Micro-Econometrics, Macro-Econometrics, Empirical Content of Economic Relations discovered via New Methods, Methodological Aspects of the Application of Statistical Inference to Economic Data.
计量经济学理论,微观计量经济学,宏观计量经济学,通过新方法发现的经济关系的实证内容,统计推论应用于经济数据的方法论方面。
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一级分类:Quantitative Finance 数量金融学
二级分类:General Finance 一般财务
分类描述:Development of general quantitative methodologies with applications in finance
通用定量方法的发展及其在金融中的应用
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英文摘要:
This article is a prologue to the article "Why Markets are Inefficient: A Gambling 'Theory' of Financial Markets for Practitioners and Theorists." It presents important background for that article --- why gambling is important, even necessary, for real-world traders --- the reason for the superiority of the strategic/gambling approach to the competing market ideologies of market fundamentalism and the scientific approach --- and its potential to uncover profitable trading systems. Much of this article was drawn from Chapter 1 of the book "The Strategic Analysis of Financial Markets (in 2 volumes)" World Scientific, 2017.
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PDF链接:
https://arxiv.org/pdf/1801.02994