Sazheniuk V.S., Chornous G.O., Iarmolenko I.A.
Information model for pricing on electronic markets

The research is focused on the development of an approach to modeling and forecasting market good prices based on information changes. The process is described by the first order differential equations, and the solution of a corresponding Cauchy problem made it possible to develop an information pricing model. The proposed method is shown to be useful both for predicting asset prices on the stock and currency exchanges and on commodity electronic markets. Data preparation stage before modeling is presented too. © 2020, Springer Science+Business Media, LLC, part of Springer Nature.

Keywords: Cauchy problem, difference scheme, information, information factor, penalization method, price forecasting, pricing model, Differential equations, Electronic commerce, Cauchy problems, Currency exchange, Data preparation, Electronic market, First order differential equation, Information Modeling, Information pricing, Modeling and forecasting, Costs

Cite:
Sazheniuk V.S., Chornous G.O., Iarmolenko I.A. (2020). Information model for pricing on electronic markets. Cybernetics and Systems Analysis, 56 (4), 160–171. doi: https://doi.org/10.1007/s10559-020-00282-1 http://jnas.nbuv.gov.ua/article/UJRN-0001130003 [In Ukrainian].