Volume 427
Studies in Systems, Decision and Control
Series Editor
Janusz Kacprzyk
Systems Research Institute, Polish Academy of Sciences, Warsaw, Poland
The series Studies in Systems, Decision and Control (SSDC) covers both new developments and advances, as well as the state of the art, in the various areas of broadly perceived systems, decision making and controlquickly, up to date and with a high quality. The intent is to cover the theory, applications, and perspectives on the state of the art and future developments relevant to systems, decision making, control, complex processes and related areas, as embedded in the fields of engineering, computer science, physics, economics, social and life sciences, as well as the paradigms and methodologies behind them. The series contains monographs, textbooks, lecture notes and edited volumes in systems, decision making and control spanning the areas of Cyber-Physical Systems, Autonomous Systems, Sensor Networks, Control Systems, Energy Systems, Automotive Systems, Biological Systems, Vehicular Networking and Connected Vehicles, Aerospace Systems, Automation, Manufacturing, Smart Grids, Nonlinear Systems, Power Systems, Robotics, Social Systems, Economic Systems and other. Of particular value to both the contributors and the readership are the short publication timeframe and the world-wide distribution and exposure which enable both a wide and rapid dissemination of research output.
Indexed by SCOPUS, DBLP, WTI Frankfurt eG, zbMATH, SCImago.
All books published in the series are submitted for consideration in Web of Science.
More information about this series at https://link.springer.com/bookseries/13304
Editors
Nguyen Ngoc Thach , Vladik Kreinovich , Doan Thanh Ha and Nguyen Duc Trung
Financial Econometrics: Bayesian Analysis, Quantum Uncertainty, and Related Topics
Logo of the publisher
Editors
Nguyen Ngoc Thach
Banking University of HCMC, Ho Chi Minh City, Vietnam
Vladik Kreinovich
Department of Computer Science, University of Texas at El Paso, El Paso, TX, USA
Doan Thanh Ha
Banking University of HCMC, Ho Chi Minh City, Vietnam
Nguyen Duc Trung
Banking University of HCMC, Ho Chi Minh City, Vietnam
ISSN 2198-4182 e-ISSN 2198-4190
Studies in Systems, Decision and Control
ISBN 978-3-030-98688-9 e-ISBN 978-3-030-98689-6
https://doi.org/10.1007/978-3-030-98689-6
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
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Preface
One of the main objectives of financial econometrics is to use finances to enhance economic development. The more information, the more knowledge we take into account, the more adequate methods we use to process this information and this knowledge, the better the results will be. In view of this, the main focus of this volume is:
on Bayesian analysistechnique for taking prior knowledge into account, and
on quantum uncertaintyapplication of well-tested sophisticated methods developed in modern physics for the analysis of economic phenomena.
Papers presented in this volume also cover related techniques, with economic and financial application being the unifying theme.
This volume shows what has been achieved, but even more important are remaining open problems. We hope that this volume will:
inspire practitioners to learn how to apply state-of-the-art Bayesian, quantum, and related techniques to economic and financial problems, and
inspire researchers to further improve the existing techniques and to come up with new techniques for studying economic and financial phenomena.
We want to thank all the authors for their contributions and all anonymous referees for their thorough analysis and helpful comments.
The publication of this volume is partly supported by the Banking University of Ho Chi Minh City, Vietnam. Our thanks to the leadership and staff of the Banking University, for providing crucial support. Our special thanks to Prof. Hung T. Nguyen for his valuable advice and constant support.
We would also like to thank Prof. Janusz Kacprzyk (Series Editor) and Dr. Thomas Ditzinger (Senior Editor, Engineering/Applied Sciences) for their support and cooperation for this publication.
Nguyen Ngoc Thach
Vladik Kreinovich
Doan Thanh Ha
Nguyen Duc Trung
Ho Chi Minh City, Vietnam El Paso, TX, USA Ho Chi Minh City, Vietnam Ho Chi Minh City, Vietnam
December 2021
Contents
Laura Adriana Berrout Ramos , Vladik Kreinovich and Kittawit Autchariyapanitkul
William M. Briggs
Somsak Chanaim and Vladik Kreinovich
P. Dechboon , P. Kumam and P. Chaipunya
Daniel Hain and Roman Jurowetzki
J. Harding and Z. Wang
Vladik Kreinovich , Kevin Alvarez and Chon Van Le
Hung T. Nguyen
Mark E. Schaffer
Katsuhiro Sugita
Cong Wang , Tonghui Wang , David Trafimow and Tingting Tong
Woraphon Yamaka , Wilawan Srichaikul and Paravee Maneejuk
Vyacheslav I. Yukalov
Pham Hai Nam , Nguyen Ngoc Thach , Ngo Van Tuan , Nguyen Minh Nhat and Pham Thi Hong Nhung
Huong Thi Thanh Tran
Stanislav Anatolyev
Nguyen Ngoc Thach , Duong Tien Ha My , Pham Xuan Thu and Nguyen Van Diep
Nguyen Ngoc Thach and Nguyen Thi Nhu Quynh
Pham Hai Nam , Nguyen Ngoc Tan , Nguyen Ngoc Thach , Huynh Thi Tuyet Ngan and Nguyen Minh Nhat
Nguyen Thi Ngan , Bui Huy Khoi and Ngo Van Tuan
Le Ngoc Quynh Anh and Pham Thi Thanh Xuan