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An Evolutionary Approach to Inferring Decision Rules from Stock Price Index Predictions of Experts
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  • An Evolutionary Approach to Inferring Decision Rules from Stock Price Index Predictions of Experts
  • An Evolutionary Approach to Inferring Decision Rules from Stock Price Index Predictions of Experts
저자명
Kim. Myoung-Jong
간행물명
International journal of management science
권/호정보
2009년|15권 2호|pp.101-118 (18 pages)
발행정보
한국경영과학회
파일정보
정기간행물|ENG|
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이 논문은 한국과학기술정보연구원과 논문 연계를 통해 무료로 제공되는 원문입니다.
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기타언어초록

In quantitative contexts, data mining is widely applied to the prediction of stock prices from financial time-series. However, few studies have examined the potential of data mining for shedding light on the qualitative problem-solving knowledge of experts who make stock price predictions. This paper presents a GA-based data mining approach to characterizing the qualitative knowledge of such experts, based on their observed predictions. This study is the first of its kind in the GA literature. The results indicate that this approach generates rules with higher accuracy and greater coverage than inductive learning methods or neural networks. They also indicate considerable agreement between the GA method and expert problem-solving approaches. Therefore, the proposed method offers a suitable tool for eliciting and representing expert decision rules, and thus constitutes an effective means of predicting the stock price index.