Advanced studies of financial technologies and cryptocurrency markets. (2020)

• Record Type: Book
• Further Information: Note: Lukáš Pichl, Cheoljun Eom, Enrico Scalas, Taisei Kaizoji, editors.
• Other Names: Pichl, Lukáš; Eom, Cheoljun; Scalas, Enrico; Kaizoji, Taisei
• Contents: Intro -- Contents -- Financial Innovations and Blockchain Applications: New Digital Paradigms in Global Cybersociety -- 1 Introduction -- 2 Algorithmic Innovations in Digital Finance -- 2.1 Fiat Currencies-Pros and Cons -- 2.2 Cryptocurrencies-Pros and Cons -- 2.3 Time Series Analysis of Fiat Currencies and Crypto Assets -- 3 Financial Technologies and Cryptocurrency Markets -- 4 Summary and Outlook -- References -- Financial Contagion through Asset Price and Interbank Networks -- 1 Introduction -- 2 Model -- 2.1 Minimum Capital Requirements -- 2.2 Equilibrium Price 2.3 Contraction of an Interbank Debts and Credits Matrix -- 3 Simulation -- 4 Network Structure and Contagion -- 4.1 The Difference Between the Complete Graph and Clusters -- 4.2 Core periphery -- 4.3 Overall Description of Results -- 5 Effectiveness of Countermeasures against Contagion -- 5.1 A Price-Supporting Purchase in the Market -- 5.2 Capital Injection into a Target Bank -- 6 Conclusion -- References -- Optimal Portfolios on Mean-Diversification Efficient Frontiers -- 1 Introduction -- 1.1 Bi-objective Optimization and the Efficient Frontier 2 Evolutionary Algorithm and Portfolio Optimization -- 3 Diversification Measures -- 4 Mean-Variance GA and QP Efficient Frontiers -- 4.1 Details of the Algorithm and Parameters -- 5 Mean Diversification Efficient Frontiers -- 6 In-Sample Comparison of Portfolios -- 7 Out-of-Sample Performance -- 8 Conclusion -- Appendix 1 -- Appendix 2 -- References -- Time Series Prediction with LSTM Networks and Its Application to Equity Investment -- 1 Introduction -- 2 Related Literatures -- 2.1 Econometric Approach -- 2.2 Machine Learning and Artificial Intelligence Approach 3 Simulation Study for Comparison of Prediction Models -- 3.1 Experimental Time Series Data -- 3.2 Learning Models -- 3.3 Results and Discussions -- 4 Stock Return Prediction and Its Application to Portfolio Selection -- 4.1 Data and Prediction Models -- 4.2 Evaluation of Stock Return Prediction -- 4.3 Application to Portfolio Selection Problem -- 5 Concluding Remarks -- References -- A Response Function of Merton Model and Kinetic Ising Model -- 1 Introduction -- 2 Model -- 3 A Response Function of Merton Model -- 3.1 Balance Sheet -- 3.2 Merton Model 3.3 A Response Function with Inter-bank Liabilities -- 4 Dynamics of the Model -- 5 Additional Default Probability -- 6 Concluding Remarks -- References -- Bitcoin's Deviations from Satoshi's World -- 1 Introduction -- 2 Prerequisite of Bitcoin -- 3 Bitcoin at the Dawn -- 4 Deviations from Satoshi's World -- 4.1 First Deviation: Entry of Amateur Investors -- 4.2 Second Deviation: Cyberattack to the Crypto-Asset Exchange -- 4.3 Third Deviation: Development of Dedicated Mining Companies -- 4.4 Fourth Deviation: Altcoin Appreciation and 51% Attack -- 4.5 Fifth Deviation: Bitcoin Scalability Problem
• Publisher Details: Singapore : Springer
• Publication Date: 2020
• Extent: 1 online resource
• Subjects: 332.4; Cryptocurrencies; Blockchains (Databases); Macroeconomics; International finance; Probability & statistics; Economic theory & philosophy; Business & Economics -- Economics -- Macroeconomics; Business & Economics -- Finance; Business & Economics -- Statistics; Business & Economics -- Economics -- Theory; Blockchains (Databases); Cryptocurrencies; Electronic books; Electronic books
• Languages: English
• ISBNs: 9789811544989; 9811544980
• Related ISBNs: 9811544972; 9789811544972
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.