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Record W4300283503 · doi:10.26443/msurj.v3i1.125

Dynamics of the financial market

2008· article· en· W4300283503 on OpenAlexaff
Shilan Mistry

Bibliographic record

VenueMcGill Science Undergraduate Research Journal · 2008
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicComplex Systems and Time Series Analysis
Canadian institutionsMcGill University
Fundersnot available
KeywordsBlack swan theoryFinancial marketPortfolioEconomicsAsset (computer security)Financial economicsPoint (geometry)Predictive powerEvent (particle physics)Actuarial scienceFinanceEconometricsMathematicsComputer scienceStatistics

Abstract

fetched live from OpenAlex


 
 
 
 Financial mathematics must make use of assumptions in the development of mathematical models that provide predictive power on the behavior of economic markets, as it is impossible to collect data on the market as a whole. As a result, important quantities, such as the risk-measurement of a portfolio, are often inaccurately estimated. The financial market seems to be an erratic, pattern-less system. Indeed, attempts to find patterns, and to explain the processes behind the price movements of an asset, have been largely unsuccessful. This is analogous to the ‘Turkey Problem' described by N. Taleb in his book "The Black Swan". To illustrate, a turkey spends its life being fed and raised for slaughter, a fact that is unbeknownst to it. From the point of view of the turkey, life is delicious and predictable, until the day it is killed. For the turkey, its death is a ‘black swan event’, as it represents something highly unpredictable and catastrophic. This same type of uncertainty is also present in financial markets.
 
 
 

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.005
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScience and technology studies
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.527
Threshold uncertainty score0.998

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0050.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.003
Science and technology studies0.0030.002
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.079
GPT teacher head0.288
Teacher spread0.209 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2008
Admission routes1
Has abstractyes

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