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  1. Boeken
  2. Bedrijf & Technologie
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  4. Causal Modeling for Finance and Business

Causal Modeling for Finance and Business E-BOOK

Foundations, Frameworks, and Applications

Frank J. Fabozzi, Sergio Focardi
E-book | Engels
€ 59,14
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Omschrijving

A comprehensive look at causality’s theoretical and practical aspects in economics and finance.

Causal Modeling for Finance and Business presents causality’s theoretical and practical aspects in economics and finance. Frank Fabozzi and Sergio Focardi offer a foundation for understanding causal relationships and their importance in complex systems. Topics include the theory of graphs, probabilistic frameworks, structural causal models, algorithms for learning causal structures, and the empirical testing of these models.

The book emphasizes applying and deploying causal models in real-world business and investment scenarios. However, it offers also a novel theoretical perspective on causal modeling. Causation is not a law of nature, but it is a characteristic of causal systems. If we accept the modern idea of causation as manipulability, causal systems are characterized by causal relationships as well as purely descriptive functional relationships.

The book addresses a critical gap in understanding and applying causal reasoning in complex systems. While correlations have often been relied upon in data analysis, decision-making in business and economics demands a deeper understanding of causation and functional relationships to drive actionable outcomes.

The book’s objective is to provide a comprehensive resource that bridges foundational theories and practical applications of causal models. By integrating recent advancements in artificial intelligence, probabilistic logic, and graph theory, the authors offer a robust framework for researchers, practitioners, and decision-makers to harness the power of causality in solving intricate problems.

Specificaties

Betrokkenen

Auteur(s):
Uitgeverij:

Inhoud

Aantal bladzijden:
288
Taal:
Engels

Eigenschappen

Productcode (EAN):
9780262054287
Verschijningsdatum:
3/08/2026
Uitvoering:
E-book
Beveiligd met:
Adobe DRM
Formaat:
ePub
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