Trends & Controversies

Market, a term frequently used in mass media and academic publications, is an elusive concept. In marketing, researchers and practitioners describe market as a place to exchange products and services (such as a retail market or real estate market). In economics and finance, financial and monetary concepts such as emerging markets, commodity markets, and the stock market are often mentioned. In all these areas, one of the most challenging research directions is modeling and predicting market movements. In recent years, the availability of diverse and voluminous market-related mass media and social media content (or Business Big Data) and the emergence of sophisticated, scalable text and social mining techniques present a unique opportunity for advancing research relating to smart market and money. This research area, at the intersec tion of computational and finance research, aims at developing intelligent (smart) mechanisms and algorithms for predicting market and stock performances.