Genetic Programming and the Efficient Market Hypothesis

Created by W.Langdon from gp-bibliography.bib Revision:1.4420

  author =       "Shu-Heng Chen and Chia-Hsuan Yeh",
  title =        "Genetic Programming and the Efficient Market
  booktitle =    "Genetic Programming 1996: Proceedings of the First
                 Annual Conference",
  editor =       "John R. Koza and David E. Goldberg and 
                 David B. Fogel and Rick L. Riolo",
  year =         "1996",
  month =        "28--31 " # jul,
  keywords =     "genetic algorithms, genetic programming",
  pages =        "45--53",
  address =      "Stanford University, CA, USA",
  publisher =    "MIT Press",
  URL =          "",
  URL =          "",
  URL =          "",
  size =         "9 pages",
  abstract =     "While search plays an important role in the efficient
                 market hypothesis (EMH), the traditional formalisation
                 of the EMH, based on probabilistic independence, fails
                 to capture it. Due to this failure, recent findings of
                 nonlinear tests misled us into concluding that the EMH
                 is rejected. Even though most economists are reluctant
                 to make this conclusion, the traditional formalization
                 leaves us no other choice. This paper reformalizes the
                 EMH with a biologically-based search program, i.e.,
  URL =          "",
  URL =          "",
  notes =        "GP-96",

Genetic Programming entries for Shu-Heng Chen Chia Hsuan Yeh