• DocumentCode
    2370696
  • Title

    Competitive analysis of gold trading and its risk-reward model

  • Author

    Xin, Chunlin ; Zhang, Miaomiao

  • Author_Institution
    Sch. of Econ. & Manage., Beijing Univ. of Chem. Technol., Beijing, China
  • fYear
    2011
  • fDate
    25-27 June 2011
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Gold trading is a typical online decision problem in our real life. Considering the actual situation, the investors may have some forecast for the trend of gold price. In order to receive better income they would rather take some risks. Considering the situation that gold price will exceed m in the future, we present the risk-reward model and give the new online pricing strategy. Then the competitive ratio is obtained. Finally, the numerical analysis shows the improvement of competitive ratio in the new prediction and the impact on constraint competitive ratio γA´ by the risk tolerance d and forecast m.
  • Keywords
    gold; investment; pricing; gold price; gold trading competitive analysis; online pricing strategy; risk tolerance; risk-reward model; Algorithm design and analysis; Analytical models; Economics; Fluctuations; Gold; Investments; Pricing; competitive ratio; gold trading; online strategy; risk-reward model;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Service Systems and Service Management (ICSSSM), 2011 8th International Conference on
  • Conference_Location
    Tianjin
  • ISSN
    2161-1890
  • Print_ISBN
    978-1-61284-310-0
  • Type

    conf

  • DOI
    10.1109/ICSSSM.2011.5959521
  • Filename
    5959521
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=2370696