3 papers
q-fin.GN2016
The Blockchain: A Gentle Four Page Introduction
Jan Hendrik Witte
Blockchain is a distributed database that keeps a chronologically-growing list (chain) of records (blocks) secure from tampering and revision. While computerisation has changed the…
q-fin.PM2016
Deep Portfolio Theory
J. B. Heaton, N. G. Polson, J. H. Witte
We construct a deep portfolio theory. By building on Markowitz's classic risk-return trade-off, we develop a self-contained four-step routine of encode, calibrate, validate and ver…
cs.LG2016
Deep Learning in Finance
J. B. Heaton, N. G. Polson, J. H. Witte
We explore the use of deep learning hierarchical models for problems in financial prediction and classification. Financial prediction problems -- such as those presented in designi…