Title :
Management of uncertainty for intelligent financial systems
Author :
Cortés-Rello, E. ; Golshani, F.
Author_Institution :
Bull Worldwide Information Systems, Phoenix, AZ, USA
Abstract :
A fundamental function of financial intermediaries is to assess and assume risk. Financial intermediaries have to deal with risks such as credit risks, liquidity risks, interest rate changes and exchange rate changes. Some of these risks can be dealt with using techniques such as hedging, but there is always some subjective judgement involved. The relevance of the Dempster-Shafer theory of evidence to financial problems that involve subjective judgement is studied. Three specific examples are analyzed: forecasting, cross-hedging and financial group decision making
Keywords :
case-based reasoning; decision support systems; financial data processing; knowledge based systems; risk management; uncertainty handling; Dempster-Shafer theory of evidence; cross-hedging; evidential reasoning; financial group decision making; financial risk assessment; forecasting; intelligent financial systems; knowledge based systems; uncertainty management; Artificial intelligence; Decision making; Economic indicators; Exchange rates; Financial management; Intelligent systems; Investments; Lifting equipment; Management information systems; Uncertainty;
Conference_Titel :
Artificial Intelligence Applications on Wall Street, 1991. Proceedings., First International Conference on
Conference_Location :
New York, NY
Print_ISBN :
0-8186-2240-7
DOI :
10.1109/AIAWS.1991.236595