scholarly journals The Psychophysiology of Real-Time Financial Risk Processing

10.3386/w8508 ◽  
2001 ◽  
Author(s):  
Andrew Lo ◽  
Dmitry Repin
2002 ◽  
Vol 14 (3) ◽  
pp. 323-339 ◽  
Author(s):  
Andrew W. Lo ◽  
Dmitry V. Repin

A longstanding controversy in economics and finance is whether financial markets are governed by rational forces or by emotional responses. We study the importance of emotion in the decision-making process of professional securities traders by measuring their physiological characteristics (e.g., skin conductance, blood volume pulse, etc.) during live trading sessions while simultaneously capturing real-time prices from which market events can be detected. In a sample of 10 traders, we find statistically significant differences in mean electrodermal responses during transient market events relative to no-event control periods, and statistically significant mean changes in cardiovascular variables during periods of heightened market volatility relative to normal-volatility control periods. We also observe significant differences in these physiological responses across the 10 traders that may be systematically related to the traders' levels of experience.


2020 ◽  
pp. 1-11
Author(s):  
Qiaoying Ding

The financial market is changing rapidly. Since joining the WTO, our country’s financial companies have faced pressure from dual competition at domestic and abroad. The complex internal and external environment has forced financial enterprise managers to improve risk prevention awareness, early warning and monitoring, so as to responding to emergencies and challenges in the financial market. However, traditional forecasting and analysis methods have problems such as large workload, low efficiency, and low accuracy. Therefore, this article applies intelligent computing to the forecast of financial markets, using related concepts of fuzzy theory and Internet intelligent technology, and proposes to establish a model system for financial enterprise risk early warning management and intelligent real-time monitoring based on fuzzy theory. This article first collected a large amount of data through the literature investigation method, and made a systematic and complete introduction to the related theoretical concepts of fuzzy theory and financial risk early-warning management, has laid a sufficient theoretical foundation for the subsequent exploration of the application of fuzzy theory in financial enterprise risk early warning management and intelligent real-time systems; Then a fuzzy comprehensive evaluation method that combines the analytic hierarchy process and fuzzy evaluation method is proposed, taking a listed company mainly engaged in automobile sales in our province as a case, the company’s financial risk management and modeling experiment of the intelligent real-time system; Finally quoted specific cases again, used the fuzzy comprehensive evaluation method to carry out risk warning and evaluation on the PPP projects of private enterprises in our province, and concluded that the project risk score is between 20-60, which is meet the severe-medium range in the risk level. Research shows that the use of fuzzy theory and modern network technology can make more accurate warnings and assessments of potential and apparent risks of financial enterprises, greatly improving the safety of financial enterprise management and reducing the losses caused by various risks.


Author(s):  
J. Hiestermann ◽  
S. L. Ferreira

Recent advances in cloud-based technology has led to the rapid increase of geospatial web-based applications. The combination of GIS and cloud-based solutions is revolutionizing product development in the geospatial industry and is facilitating accessibility to a wider range of users, planners and decision makers. Accessible through an internet browser, web applications are an effective and convenient method to disseminate information in multiple formats, and they provide an interface offering interactive access to geospatial data, real-time integration and data processing, and application specific analysis tools. An example of such a web application is GeoTerraImage’s monthly crop monitoring tool called GeoFarmer. This tool uses climatic data and satellite imagery processed through a complex rule-based algorithms to determine monthly climatic averages and anomalies, and most importantly the field specific crop status (i.e. is the field fallow, or is the crop emerging, or if the field has been harvested). Monthly field verification has formed a part of calibrating the growth classification outputs to further improve the accuracy of its monthly agricultural reporting. The goal of this application is to provide timely data to decision makers to assist them in field-level and regional crop growth monitoring, crop production and management, financial risk assessment and insurance, and food security applications. This web application has the unique advantage of being highly transportable to other regions, since it has been designed so it can easily be adapted to other seasonal growth response patterns, and up-scaled to regional or national coverages for operational use.


2013 ◽  
Vol 791-793 ◽  
pp. 845-851
Author(s):  
Jing Xian Wan ◽  
Feng Ying He ◽  
Bin Liu ◽  
Shang Ping Zhong

Faced with the demand for real-time "big data" processing, the existing financial risk early warning systems are generally difficult to identify hidden risks in massive data information quickly and accurately. This paper introduces a complex event processing technology (CEP), proposes a method of real-time monitoring for "big data", establishes a monitoring model of unusual transactions, designs and realizes a system based on this model. The model contains data acquisition and encapsulation module, custom rules modeling module and results display module. Using real data of a security company to test the system, the results show that, it can identify hidden risks in unusual transactions accurately, and the speed of processing is improved significantly comparing with the system which is based on traditional database analysis method.


1979 ◽  
Vol 44 ◽  
pp. 41-47
Author(s):  
Donald A. Landman

This paper describes some recent results of our quiescent prominence spectrometry program at the Mees Solar Observatory on Haleakala. The observations were made with the 25 cm coronagraph/coudé spectrograph system using a silicon vidicon detector. This detector consists of 500 contiguous channels covering approximately 6 or 80 Å, depending on the grating used. The instrument is interfaced to the Observatory’s PDP 11/45 computer system, and has the important advantages of wide spectral response, linearity and signal-averaging with real-time display. Its principal drawback is the relatively small target size. For the present work, the aperture was about 3″ × 5″. Absolute intensity calibrations were made by measuring quiet regions near sun center.


Author(s):  
Alan S. Rudolph ◽  
Ronald R. Price

We have employed cryoelectron microscopy to visualize events that occur during the freeze-drying of artificial membranes by employing real time video capture techniques. Artificial membranes or liposomes which are spherical structures within internal aqueous space are stabilized by water which provides the driving force for spontaneous self-assembly of these structures. Previous assays of damage to these structures which are induced by freeze drying reveal that the two principal deleterious events that occur are 1) fusion of liposomes and 2) leakage of contents trapped within the liposome [1]. In the past the only way to access these events was to examine the liposomes following the dehydration event. This technique allows the event to be monitored in real time as the liposomes destabilize and as water is sublimed at cryo temperatures in the vacuum of the microscope. The method by which liposomes are compromised by freeze-drying are largely unknown. This technique has shown that cryo-protectants such as glycerol and carbohydrates are able to maintain liposomal structure throughout the drying process.


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