Stock Market Modeling and Forecasting translates experience in system adaptation gained in an engineering context to the modeling of financial markets with a view to improving the capture and understanding of market dynamics. The modeling process is considered as identifying a dynamic system in which a real stock market is treated as an unknown plant and the identification model proposed is tuned by feedback of the matching error. Like a physical system, a financial market exhibits fast and slow dynamics corresponding to external (such as company value and profitability) and internal forces (such as investor sentiment and commodity prices) respectively. The framework presented here, consisting of an internal model and an adaptive filter, is successful at considering both fast and slow market dynamics. A double selection method is efficacious in identifying input factors influential in market movements, revealing them to be both frequency- and market-dependent.
Apart from being literate it is also important to be "financially literate" because 2/3rd of our lives is spent on earning, spending, saving and investing, for ourselves and for others. Given the uncertain times that we live in depending on bank fixed deposits, gold and/or real estate to build our wealth or reach our financial goals would be a futile attempt. It is time that we start looking beyond the obvious and start educating ourselves with the all important knowledge of managing our finances by understanding the opportunities. If we ignore or shy away from acquiring such knowledge there would be no one to blame except ourselves. There are several myths, misconceptions, prejudices and fear surrounding various asset classes that includes stocks, mutual funds and insurance which this book, stories weaved through conversational mode, endeavours to clear the haze by offering clarity over financial instruments answering several critical questions and can confidently say the content would enhance the knowledge on various financial products and services that is presented through lots of examples explained using simple language. The content can also be treated as a "self-help" book on simplifying the investment knowledge. The final outcome after reading the book would be the feeling of being an "informed investor."
The environment of the stock market is complex and interrelated. As you explore the pathways of a steep stock market decline you will discover the safest time to invest. You will become a veteran fire sale shopper and you will be waiting to reward yourself and your IRA with profits in the next four severe stock market declines in your lifetime.
Now in its tenth edition, Stockley's Drug Interactions is still the most indispensible and authoritative international source of drug interaction information. Based upon the many thousands of published clinical papers and reports, it provides a series of detailed, yet concise, monographs designed for quick and easy reference. Each monograph contains a summary, clinical evidence for the interaction under discussion, its probable mechanism, clinical importance, and management. Features: 1. Covers interactions between therapeutic drugs, proprietary medicines, some commonly used herbal medicines, foods, drinks, pesticides, and drugs of abuse. 2. Provides a comprehensive and fully-referenced discussion of the available clinical evidence for interactions, an assessment of their clinical importance, and gives clear practical guidance on how to manage the interaction, all in detailed yet concise monographs. 3. Content is clinically relevant, evaluated, and evidence-based, and provides the depth of critical information that is often missing from more general reference works. 4. Based on published sources and fully referenced. 5. Global coverage - inclusion of drugs used worldwide. 6 Part of a family of drug interactions resources including a quick reference pocket book, Stockley's Drug Interactions Pocket Companion, a specialist herbal interactions text, Stockley's Herbal Medicines Interactions, and Stockley's Drug Interactions Alerts, which contains data suitable for integration into dispensing and prescribing systems. New in this edition. The tenth edition has been comprehensively updated in-line with published literature and contains information on many new drugs, including amifampridine, dapoxetine, febuxostat, fingolimod, HCV- protease inhibitors (boceprevir and telaprevir), omalizumab, and tapentadol. Some highlights include: * Content has been updated to include new advice regarding the concurrent use of oral contraceptives and antibacterials; * Table of P-glycoprotein inhibitors has been revised and updated; * Tables of cytochrome P450 inducers and inhibitors have been revised and updated; * Table of drugs that prolong the QT-interval has been revised and updated.
Free-market economics has attempted to combine efficiency and freedom by emphasizing the need for neutral rules and meta-rules. These efforts have only been partly successful, for they have failed to address the deeper, normative arguments justifying - and limiting - coercion. This failure has thus left most advocates of free-market vulnerable to formulae which either emphasize expediency or which rely upon optimal social engineering to foster different notions of the common will and of the common good. This book offers the reader a new perspective on free-market economics, one in which the defense of markets is no longer based upon the utilitarian claim that free markets are more efficient; rather, the defense of markets rests upon the moral argument that top-down coercive policy-making is necessarily in tension with the rights-based notion of justice typical of the Western tradition.
In arguing for a consistent moral basis for the free-market view, we depart from both the Austrian and neoclassical traditions by acknowledging that rationality is not a satisfactory starting point. This rejection of rationality as the complete motivator for human economic behaviour throws constitutional economics and the law-and-economics tradition into new relief, revealing these approaches as governed by considerations derived by various notions of social efficiency, rather than by principles consistent with individual freedom, including freedom to choose.
This book shows that the solution is in fact a better understanding of the lessons taught by the Scottish Enlightenment: the role of the political context is to ensure that the individual can pursue his own ends, free from coercion. This also implies individual responsibility, respect for somebody else's preferences and for his entrepreneurial instincts. Social virtue is not absent from this understanding of politics, but rather than being defined through the priorities of policy-makers, it emerges as the outcome of interaction among self-determining individuals. The strongest and most consistent case for free-market economics, therefore, rests on moral philosophy, not on some version of static-efficiency theorizing.
This book should be of interest to students and researchers focussing on economic theory, political economics and the philosophy of economic thought, but is also written in a non-technical style making it accessible to an audience of non-economists.
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