Enrico Schumann
Personal Details
First Name: | Enrico |
Middle Name: | |
Last Name: | Schumann |
Suffix: | |
RePEc Short-ID: | psc376 |
[This author has chosen not to make the email address public] | |
http://enricoschumann.net | |
Terminal Degree: | 2010 Département d'économétrie; Université de Genève (from RePEc Genealogy) |
Affiliation
Département d'économétrie
Université de Genève
Genève, Switzerlandhttp://www.unige.ch/ses/metri/
RePEc:edi:dexgech (more details at EDIRC)
Research output
Jump to: Working papers Articles Chapters BooksWorking papers
- Manfred Gilli & Enrico Schumann, 2017. "Risk-Reward Ratio Optimisation (Revisited)," Swiss Finance Institute Research Paper Series 17-55, Swiss Finance Institute.
- Manfred Gilli & Enrico Schumann, 2010. "Calibrating Option Pricing Models with Heuristics," Working Papers 030, COMISEF.
- Manfred GILLI & Enrico SCHUMANN & Gerda CABEJ & Jonela LULA, 2010. "Replicating Hedge Fund Indices with Optimization Heuristics," Swiss Finance Institute Research Paper Series 10-22, Swiss Finance Institute.
- Manfred Gilli & Enrico Schumann, 2010. "A note on ‘good starting values’ in numerical optimisation," Working Papers 044, COMISEF.
- Manfred Gilli & Stefan Große & Enrico Schumann, 2010. "Calibrating the Nelson–Siegel–Svensson model," Working Papers 031, COMISEF.
- Manfred Gilli & Enrico Schumann, 2009. "Robust regression with optimisation heuristics," Working Papers 011, COMISEF.
- Manfred Gilli & Enrico Schumann, 2009. "Optimal enough?," Working Papers 010, COMISEF.
- Manfred Gilli & Enrico Schumann, 2009. "Implementing Binomial Trees," Working Papers 008, COMISEF.
- Manfred Gilli & Enrico Schumann, 2009.
"Heuristic Optimisation in Financial Modelling,"
Working Papers
007, COMISEF.
- Manfred Gilli & Enrico Schumann, 2012. "Heuristic optimisation in financial modelling," Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred GILLI & Enrico SCHUMANN, 2009. "An Empirical Analysis of Alternative Portfolio Selection Criteria," Swiss Finance Institute Research Paper Series 09-06, Swiss Finance Institute.
- Manfred Gilli & Enrico Schumann, 2008. "Distributed Optimisation of a Portfolio's Omega," Swiss Finance Institute Research Paper Series 08-17, Swiss Finance Institute.
- Manfred GILLI & Enrico SCHUMANN & Giacomo DI TOLLO & Gerda CABEJ, 2008. "Constructing Long/Short Portfolios with the Omega ratio," Swiss Finance Institute Research Paper Series 08-34, Swiss Finance Institute.
Articles
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred Gilli & Enrico Schumann, 2009. "Heuristic Optimisation in Financial Modelling," Working Papers 007, COMISEF.
- Manfred Gilli & Enrico Schumann & Giacomo di Tollo & Gerda Cabej, 2011. "Constructing 130/30-portfolios with the Omega ratio," Journal of Asset Management, Palgrave Macmillan, vol. 12(2), pages 94-108, June.
- Gilli, Manfred & Schumann, Enrico, 2010. "Optimization in financial engineering - an essay on 'good' solutions and misplaced exactitude," Journal of Financial Transformation, Capco Institute, vol. 28, pages 117-122.
Chapters
- Manfred Gilli & Enrico Schumann, 2017. "Heuristics for Portfolio Selection," International Series in Operations Research & Management Science, in: Giorgio Consigli & Daniel Kuhn & Paolo Brandimarte (ed.), Optimal Financial Decision Making under Uncertainty, chapter 0, pages 225-253, Springer.
Books
- Gilli, Manfred & Maringer, Dietmar & Schumann, Enrico, 2011. "Numerical Methods and Optimization in Finance," Elsevier Monographs, Elsevier, edition 1, number 9780123756626.
Citations
Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.Working papers
- Manfred Gilli & Enrico Schumann, 2010.
"Calibrating Option Pricing Models with Heuristics,"
Working Papers
030, COMISEF.
Cited by:
- Cui, Yiran & del Baño Rollin, Sebastian & Germano, Guido, 2017.
"Full and fast calibration of the Heston stochastic volatility model,"
European Journal of Operational Research, Elsevier, vol. 263(2), pages 625-638.
- Yiran Cui & Sebastian del Ba~no Rollin & Guido Germano, 2015. "Full and fast calibration of the Heston stochastic volatility model," Papers 1511.08718, arXiv.org, revised May 2016.
- Cui, Yiran & del Baño Rollin, Sebastian & Germano, Guido, 2017. "Full and fast calibration of the Heston stochastic volatility model," LSE Research Online Documents on Economics 83754, London School of Economics and Political Science, LSE Library.
- Silvia Centanni, 2011. "Computing option values by pricing kernel with a stochatic volatility model," Working Papers 05/2011, University of Verona, Department of Economics.
- Zaineb Mezdoud & Carsten Hartmann & Mohamed Riad Remita & Omar Kebiri, 2021. "$\alpha$-Hypergeometric Uncertain Volatility Models and their Connection to 2BSDEs," Papers 2108.06965, arXiv.org.
- Stefan Haring & Ronald Hochreiter, 2015. "Efficient and robust calibration of the Heston option pricing model for American options using an improved Cuckoo Search Algorithm," Papers 1507.08937, arXiv.org.
- Hilmar Gudmundsson & David Vyncke, 2021. "A Generalized Weighted Monte Carlo Calibration Method for Derivative Pricing," Mathematics, MDPI, vol. 9(7), pages 1-22, March.
- Shuaiqiang Liu & Anastasia Borovykh & Lech A. Grzelak & Cornelis W. Oosterlee, 2019. "A neural network-based framework for financial model calibration," Papers 1904.10523, arXiv.org.
- Eudald Romo & Luis Ortiz-Gracia, 2021. "SWIFT calibration of the Heston model," Papers 2103.01570, arXiv.org.
- Marianna Lyra, 2010. "Heuristic Strategies in Finance – An Overview," Working Papers 045, COMISEF.
- Eudald Romo & Luis Ortiz-Gracia, 2021. "SWIFT Calibration of the Heston Model," Mathematics, MDPI, vol. 9(5), pages 1-20, March.
- Cui, Yiran & del Baño Rollin, Sebastian & Germano, Guido, 2017.
"Full and fast calibration of the Heston stochastic volatility model,"
European Journal of Operational Research, Elsevier, vol. 263(2), pages 625-638.
- Manfred GILLI & Enrico SCHUMANN & Gerda CABEJ & Jonela LULA, 2010.
"Replicating Hedge Fund Indices with Optimization Heuristics,"
Swiss Finance Institute Research Paper Series
10-22, Swiss Finance Institute.
Cited by:
- Mohammad Reza Tavakoli Baghdadabad & Paskalis Glabadanidis, 2013. "Average Drawdown Risk and Capital Asset Pricing," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 16(04), pages 1-21.
- Willi Semmler & Raphaële Chappe, 2011. "The Operation of Hedge Funds: Econometric Evidence, Dynamic Modeling, and Regulatory Perspectives," Palgrave Macmillan Books, in: Greg N. Gregoriou & Razvan Pascalau (ed.), Financial Econometrics Modeling: Derivatives Pricing, Hedge Funds and Term Structure Models, chapter 1, pages 3-34, Palgrave Macmillan.
- Manfred Gilli & Enrico Schumann, 2010.
"A note on ‘good starting values’ in numerical optimisation,"
Working Papers
044, COMISEF.
Cited by:
- Ranik Raaen Wahlstrøm & Florentina Paraschiv & Michael Schürle, 2022. "A Comparative Analysis of Parsimonious Yield Curve Models with Focus on the Nelson-Siegel, Svensson and Bliss Versions," Computational Economics, Springer;Society for Computational Economics, vol. 59(3), pages 967-1004, March.
- Asif Lakhany & Andrej Pintar & Amber Zhang, 2021. "Calibrating the Nelson-Siegel-Svensson Model by Genetic Algorithm," Papers 2108.01760, arXiv.org.
- Manfred Gilli & Stefan Große & Enrico Schumann, 2010.
"Calibrating the Nelson–Siegel–Svensson model,"
Working Papers
031, COMISEF.
Cited by:
- Karahan, Cenk C. & Soykök, Emre, 2023. "On illiquidity of an emerging sovereign bond market," Economic Systems, Elsevier, vol. 47(2).
- Molenaars, Tomas K. & Reinerink, Nick H. & Hemminga, Marcus A., 2013. "Forecasting the yield curve - Forecast performance of the dynamic Nelson-Siegel model from 1971 to 2008," MPRA Paper 61862, University Library of Munich, Germany.
- Molenaars, Tomas K. & Reinerink, Nick H. & Hemminga, Marcus A., 2015. "Forecasting the yield curve: art or science?," MPRA Paper 61917, University Library of Munich, Germany.
- Grochola, Nicolaus, 2023. "The influence of negative interest rates on life insurance companies," ICIR Working Paper Series 53/23, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
- Cousin, Areski & Maatouk, Hassan & Rullière, Didier, 2016.
"Kriging of financial term-structures,"
European Journal of Operational Research, Elsevier, vol. 255(2), pages 631-648.
- Areski Cousin & Hassan Maatouk & Didier Rullière, 2016. "Kriging of financial term-structures," Post-Print hal-01206388, HAL.
- Areski Cousin & Hassan Maatouk & Didier Rulli`ere, 2016. "Kriging of financial term-structures," Papers 1604.02237, arXiv.org.
- Agnieszka Konicz & David Pisinger & Alex Weissensteiner, 2015. "Optimal annuity portfolio under inflation risk," Computational Management Science, Springer, vol. 12(3), pages 461-488, July.
- Ibanez, Francisco, 2015. "Calibrating the Dynamic Nelson-Siegel Model: A Practitioner Approach," MPRA Paper 68377, University Library of Munich, Germany.
- Maria Teresa Medeiros Garcia & Vítor Hugo Ferreira Carvalho, 2018. "A static approach to the Nelson-Siegel-Svensson model: an application for several negative yield cases," Working Papers REM 2018/35, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
- Groll, Andreas & López-Cabrera, Brenda & Meyer-Brandis, Thilo, 2016.
"A consistent two-factor model for pricing temperature derivatives,"
Energy Economics, Elsevier, vol. 55(C), pages 112-126.
- Groll, Andreas & López-Cabrera, Brenda & Meyer-Brandis, Thilo, 2014. "A consistent two-factor model for pricing temperature derivatives," SFB 649 Discussion Papers 2014-006, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Francisco Rivadeneyra, 2012. "The U.S.-Dollar Supranational Zero-Coupon Curve," Discussion Papers 12-5, Bank of Canada.
- Jacek Kotłowski & Michał Brzoza-Brzezina, 2012.
"Measuring the Natural Yield Curve,"
EcoMod2012
4197, EcoMod.
- Michał Brzoza-Brzezina & Jacek Kotłowski, 2014. "Measuring the natural yield curve," Applied Economics, Taylor & Francis Journals, vol. 46(17), pages 2052-2065, June.
- Michał Brzoza-Brzezina & Jacek Kotłowski, 2012. "Measuring the natural yield curve," NBP Working Papers 108, Narodowy Bank Polski.
- Asif Lakhany & Andrej Pintar & Amber Zhang, 2021. "Calibrating the Nelson-Siegel-Svensson Model by Genetic Algorithm," Papers 2108.01760, arXiv.org.
- Dang-Nguyen, Stéphane & Le Caillec, Jean-Marc & Hillion, Alain, 2014. "The deterministic shift extension and the affine dynamic Nelson–Siegel model," The North American Journal of Economics and Finance, Elsevier, vol. 29(C), pages 402-417.
- Virmani, Vineet, 2013. "On the Choice of Optimization Routine in Estimation of Parsimonious Term Structure Models: Results from the Svensson Model," IIMA Working Papers WP2013-01-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
- Marianna Lyra, 2010. "Heuristic Strategies in Finance – An Overview," Working Papers 045, COMISEF.
- Francisco Ibáñez, 2016. "Calibrating the Dynamic Nelson-Siegel Model: A Practitioner Approach," Working Papers Central Bank of Chile 774, Central Bank of Chile.
- Luchelle Soobyah & Daan Steenkamp, 2020. "Term premium and rate expectation estimates from the South African yield curve," Working Papers 9998, South African Reserve Bank.
- Eran Raviv, 2013. "Prediction Bias Correction for Dynamic Term Structure Models," Tinbergen Institute Discussion Papers 13-041/III, Tinbergen Institute.
- Mantilla-Garcia, Daniel & Martellini, Lionel & Garcia-Huitrón, Manuel E. & Martinez-Carrasco, Miguel A., 2024. "Back to the funding ratio! Addressing the duration puzzle and retirement income risk of defined contribution pension plans," Journal of Banking & Finance, Elsevier, vol. 159(C).
- Manfred Gilli & Enrico Schumann, 2009.
"Robust regression with optimisation heuristics,"
Working Papers
011, COMISEF.
Cited by:
- Arne Risa Hole & Hong Il Yoo, 2017.
"The use of heuristic optimization algorithms to facilitate maximum simulated likelihood estimation of random parameter logit models,"
Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 66(5), pages 997-1013, November.
- Arne Risa Hole & Hong Il Yoo, 2014. "The use of heuristic optimization algorithms to facilitate maximum simulated likelihood estimation of random parameter logit models," Working Papers 2014021, The University of Sheffield, Department of Economics.
- Arne Risa Hole & Hong Il Yoo, 2017.
"The use of heuristic optimization algorithms to facilitate maximum simulated likelihood estimation of random parameter logit models,"
Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 66(5), pages 997-1013, November.
- Manfred Gilli & Enrico Schumann, 2009.
"Optimal enough?,"
Working Papers
010, COMISEF.
Cited by:
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred Gilli & Enrico Schumann, 2009. "Heuristic Optimisation in Financial Modelling," Working Papers 007, COMISEF.
- Björn Fastrich & Peter Winker, 2012.
"Robust portfolio optimization with a hybrid heuristic algorithm,"
Computational Management Science, Springer, vol. 9(1), pages 63-88, February.
- Björn Fastrich & Peter Winker, 2010. "Robust Portfolio Optimization with a Hybrid Heuristic Algorithm," Working Papers 041, COMISEF.
- Joseph Andria & Giacomo Tollo & Raffaele Pesenti, 2015. "Detection of local tourism systems by threshold accepting," Computational Management Science, Springer, vol. 12(4), pages 559-575, October.
- Manfred Gilli & Enrico Schumann, 2010. "Calibrating Option Pricing Models with Heuristics," Working Papers 030, COMISEF.
- Zhenxi Chen & Thomas Lux, 2018.
"Estimation of Sentiment Effects in Financial Markets: A Simulated Method of Moments Approach,"
Computational Economics, Springer;Society for Computational Economics, vol. 52(3), pages 711-744, October.
- Zhenxi, Chen & Lux, Thomas, 2015. "Estimation of sentiment effects in financial markets: A simulated method of moments approach," FinMaP-Working Papers 37, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents.
- Bj�rn Fastrich & Sandra Paterlini & Peter Winker, 2014.
"Cardinality versus q -norm constraints for index tracking,"
Quantitative Finance, Taylor & Francis Journals, vol. 14(11), pages 2019-2032, November.
- Bjoern Fastrich & Sandra Paterlini & Peter Winker, 2011. "Cardinality versus q-Norm Constraints for Index Tracking," Center for Economic Research (RECent) 056, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
- Bjöern Fastrich & Sandra Paterlini & Peter Winker, 2011. "Cardinality versus q-Norm Constraints for Index Tracking," Department of Economics 0642, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
- D. Blueschke & I. Savin & V. Blueschke-Nikolaeva, 2020. "An Evolutionary Approach to Passive Learning in Optimal Control Problems," Computational Economics, Springer;Society for Computational Economics, vol. 56(3), pages 659-673, October.
- Tae-Seok Jang, 2015. "Identification of Social Interaction Effects in Financial Data," Computational Economics, Springer;Society for Computational Economics, vol. 45(2), pages 207-238, February.
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred Gilli & Enrico Schumann, 2009.
"Implementing Binomial Trees,"
Working Papers
008, COMISEF.
Cited by:
- Burcu Aydoğan & Ümit Aksoy & Ömür Uğur, 2018. "On the methods of pricing American options: case study," Annals of Operations Research, Springer, vol. 260(1), pages 79-94, January.
- Manfred Gilli & Enrico Schumann, 2009.
"Heuristic Optimisation in Financial Modelling,"
Working Papers
007, COMISEF.
- Manfred Gilli & Enrico Schumann, 2012. "Heuristic optimisation in financial modelling," Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
Cited by:
- Gaudard, Ludovic, 2015. "Pumped-storage project: A short to long term investment analysis including climate change," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 91-99.
- Cui, Yiran & del Baño Rollin, Sebastian & Germano, Guido, 2017.
"Full and fast calibration of the Heston stochastic volatility model,"
European Journal of Operational Research, Elsevier, vol. 263(2), pages 625-638.
- Yiran Cui & Sebastian del Ba~no Rollin & Guido Germano, 2015. "Full and fast calibration of the Heston stochastic volatility model," Papers 1511.08718, arXiv.org, revised May 2016.
- Cui, Yiran & del Baño Rollin, Sebastian & Germano, Guido, 2017. "Full and fast calibration of the Heston stochastic volatility model," LSE Research Online Documents on Economics 83754, London School of Economics and Political Science, LSE Library.
- Andrea Scozzari & Fabio Tardella & Sandra Paterlini & Thiemo Krink, 2012.
"Exact and heuristic approaches for the index tracking problem with UCITS constraints,"
Center for Economic Research (RECent)
081, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
- Andrea Scozzari & Fabio Tardella & Sandra Paterlini & Thiemo Krink, 2013. "Exact and heuristic approaches for the index tracking problem with UCITS constraints," Annals of Operations Research, Springer, vol. 205(1), pages 235-250, May.
- Andrea Scozzari & Fabio Tardella & Sandra Paterlini & Thiemo Krink, 2012. "Exact and Heuristic Approaches for the Index Tracking Problem with UCITS Constraints," Department of Economics 0685, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
- Konstantinos Konstantaras & Vasilios Sogiakas, 2019. "Is stock liquidity transferred and upgraded in acquisitions? Evidence from liquidity synergies in US freeze-outs," Annals of Operations Research, Springer, vol. 282(1), pages 179-216, November.
- Gaudard, Ludovic & Madani, Kaveh, 2019. "Energy storage race: Has the monopoly of pumped-storage in Europe come to an end?," Energy Policy, Elsevier, vol. 126(C), pages 22-29.
- G.A. Vijayalakshmi Pai & Thierry Michel, 2012. "Integrated Metaheuristic Optimization Of 130–30 Investment‐Strategy‐Based Long–Short Portfolios," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 19(1), pages 43-74, January.
- Doering, Jana & Kizys, Renatas & Juan, Angel A. & Fitó, Àngels & Polat, Onur, 2019. "Metaheuristics for rich portfolio optimisation and risk management: Current state and future trends," Operations Research Perspectives, Elsevier, vol. 6(C).
- Ardia, David & Boudt, Kris & Carl, Peter & Mullen, Katharine M. & Peterson, Brian, 2010. "Differential Evolution (DEoptim) for Non-Convex Portfolio Optimization," MPRA Paper 22135, University Library of Munich, Germany.
- Giuseppe Montesi & Giovanni Papiro & Massimiliano Fazzini & Alessandro Ronga, 2020. "Stochastic Optimization System for Bank Reverse Stress Testing," JRFM, MDPI, vol. 13(8), pages 1-44, August.
- Billio, Monica & Caporin, Massimiliano & Costola, Michele, 2015.
"Backward/forward optimal combination of performance measures for equity screening,"
The North American Journal of Economics and Finance, Elsevier, vol. 34(C), pages 63-83.
- Monica Billio & Massimiliano Caporin & Michele Costola, 2012. "Backward/forward optimal combination of performance measures for equity screening," Working Papers 2012_13, Department of Economics, University of Venice "Ca' Foscari".
- Carole Bernard & Massimiliano Caporin & Bertrand Maillet & Xiang Zhang, 2023. "Omega Compatibility: A Meta-analysis," Computational Economics, Springer;Society for Computational Economics, vol. 62(2), pages 493-526, August.
- Leonardo Riegel Sant’Anna & Tiago Pascoal Filomena & Pablo Cristini Guedes & Denis Borenstein, 2017. "Index tracking with controlled number of assets using a hybrid heuristic combining genetic algorithm and non-linear programming," Annals of Operations Research, Springer, vol. 258(2), pages 849-867, November.
- Sana Ben Hamida & Wafa Abdelmalek & Fathi Abid, 2020. "Applying Dynamic Training-Subset Selection Methods Using Genetic Programming for Forecasting Implied Volatility," Papers 2007.07207, arXiv.org.
- Wei Zhao & Yi Lu & Genfu Feng, 2019. "How Many Agents are Rational in China’s Economy? Evidence from a Heterogeneous Agent-Based New Keynesian Model," Computational Economics, Springer;Society for Computational Economics, vol. 54(2), pages 575-611, August.
- Jevtić, Petar & Luciano, Elisa & Vigna, Elena, 2013.
"Mortality surface by means of continuous time cohort models,"
Insurance: Mathematics and Economics, Elsevier, vol. 53(1), pages 122-133.
- Petar Jevtic & Elisa Luciano & Elena Vigna, 2012. "Mortality Surface by Means of Continuous Time Cohort Models," Carlo Alberto Notebooks 264, Collegio Carlo Alberto, revised 2013.
- T. Gärtner & S. Kaniovski & Y. Kaniovski, 2021. "Numerical estimates of risk factors contingent on credit ratings," Computational Management Science, Springer, vol. 18(4), pages 563-589, October.
- Eudald Romo & Luis Ortiz-Gracia, 2021. "SWIFT calibration of the Heston model," Papers 2103.01570, arXiv.org.
- Gregory Gadzinski & Markus Schuller & Shabnam Mousavi, 2022. "Long-lasting heuristics principles for efficient investment decisions," Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 14(4), pages 570-583, March.
- Mansini, Renata & Ogryczak, Wlodzimierz & Speranza, M. Grazia, 2014. "Twenty years of linear programming based portfolio optimization," European Journal of Operational Research, Elsevier, vol. 234(2), pages 518-535.
- Filipa Fernandes & Charalampos Stasinakis & Zivile Zekaite, 2019. "Forecasting government bond spreads with heuristic models: evidence from the Eurozone periphery," Annals of Operations Research, Springer, vol. 282(1), pages 87-118, November.
- Eudald Romo & Luis Ortiz-Gracia, 2021. "SWIFT Calibration of the Heston Model," Mathematics, MDPI, vol. 9(5), pages 1-20, March.
- Manfred GILLI & Enrico SCHUMANN, 2009.
"An Empirical Analysis of Alternative Portfolio Selection Criteria,"
Swiss Finance Institute Research Paper Series
09-06, Swiss Finance Institute.
Cited by:
- Manfred Gilli & Enrico Schumann, 2009. "Robust regression with optimisation heuristics," Working Papers 011, COMISEF.
- Manfred Gilli & Enrico Schumann, 2009. "Optimal enough?," Working Papers 010, COMISEF.
- Marianna Lyra, 2010. "Heuristic Strategies in Finance – An Overview," Working Papers 045, COMISEF.
- Mohammad Reza Tavakoli Baghdadabad & Paskalis Glabadanidis, 2013. "Average Drawdown Risk and Capital Asset Pricing," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 16(04), pages 1-21.
- Manfred Gilli & Enrico Schumann & Giacomo di Tollo & Gerda Cabej, 2011. "Constructing 130/30-portfolios with the Omega ratio," Journal of Asset Management, Palgrave Macmillan, vol. 12(2), pages 94-108, June.
- Manfred Gilli & Enrico Schumann, 2008.
"Distributed Optimisation of a Portfolio's Omega,"
Swiss Finance Institute Research Paper Series
08-17, Swiss Finance Institute.
Cited by:
- Massimiliano Caporin & Michele Costola & Gregory Mathieu Jannin & Bertrand Maillet, 2016.
"On the (Ab)Use of Omega?,"
Working Papers
hal-01697640, HAL.
- Bertrand Maillet & Michele Costola & Massimiliano Caporin & Gregory Jannin, 2015. "On the (Ab)Use of Omega?," Working Papers 2015:02, Department of Economics, University of Venice "Ca' Foscari".
- Caporin, Massimiliano & Costola, Michele & Jannin, Gregory & Maillet, Bertrand, 2018. "“On the (Ab)use of Omega?”," Journal of Empirical Finance, Elsevier, vol. 46(C), pages 11-33.
- Massimiliano Caporin & Michele Costola & Gregory Jannin & Bertrand Maillet, 2018. "“On the (Ab)use of Omega ?”," Post-Print hal-03549448, HAL.
- Massimiliano Caporin & Michele Costola & Gregory Jannin & Bertrand Maillet, 2018. "“On the (Ab)use of Omega?”," Post-Print hal-02312145, HAL.
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred Gilli & Enrico Schumann, 2009. "Heuristic Optimisation in Financial Modelling," Working Papers 007, COMISEF.
- Abdallah Ben Saida & Jean-luc Prigent, 2018.
"On the robustness of portfolio allocation under copula misspecification,"
Annals of Operations Research, Springer, vol. 262(2), pages 631-652, March.
- Abdallah Ben Saida & Jean-Luc Prigent, 2018. "On the robustness of portfolio allocation under copula misspecification," Post-Print hal-03679698, HAL.
- Gaustaroba, Gianfranco & Mansini, Renata & Ogryczak, Wlodzimierz & Speranza, M. Grazia, 2014.
"Linear Programming Models based on Omega Ratio for the Enhanced Index Tracking Problem,"
MPRA Paper
67097, University Library of Munich, Germany.
- Guastaroba, G. & Mansini, R. & Ogryczak, W. & Speranza, M.G., 2016. "Linear programming models based on Omega ratio for the Enhanced Index Tracking Problem," European Journal of Operational Research, Elsevier, vol. 251(3), pages 938-956.
- Marianna Lyra, 2010. "Heuristic Strategies in Finance – An Overview," Working Papers 045, COMISEF.
- Zhu, Min, 2013. "Return distribution predictability and its implications for portfolio selection," International Review of Economics & Finance, Elsevier, vol. 27(C), pages 209-223.
- Massimiliano Caporin & Michele Costola & Gregory Mathieu Jannin & Bertrand Maillet, 2016.
"On the (Ab)Use of Omega?,"
Working Papers
hal-01697640, HAL.
- Manfred GILLI & Enrico SCHUMANN & Giacomo DI TOLLO & Gerda CABEJ, 2008.
"Constructing Long/Short Portfolios with the Omega ratio,"
Swiss Finance Institute Research Paper Series
08-34, Swiss Finance Institute.
Cited by:
- Massimiliano Caporin & Michele Costola & Gregory Mathieu Jannin & Bertrand Maillet, 2016.
"On the (Ab)Use of Omega?,"
Working Papers
hal-01697640, HAL.
- Bertrand Maillet & Michele Costola & Massimiliano Caporin & Gregory Jannin, 2015. "On the (Ab)Use of Omega?," Working Papers 2015:02, Department of Economics, University of Venice "Ca' Foscari".
- Caporin, Massimiliano & Costola, Michele & Jannin, Gregory & Maillet, Bertrand, 2018. "“On the (Ab)use of Omega?”," Journal of Empirical Finance, Elsevier, vol. 46(C), pages 11-33.
- Massimiliano Caporin & Michele Costola & Gregory Jannin & Bertrand Maillet, 2018. "“On the (Ab)use of Omega ?”," Post-Print hal-03549448, HAL.
- Massimiliano Caporin & Michele Costola & Gregory Jannin & Bertrand Maillet, 2018. "“On the (Ab)use of Omega?”," Post-Print hal-02312145, HAL.
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred Gilli & Enrico Schumann, 2009. "Heuristic Optimisation in Financial Modelling," Working Papers 007, COMISEF.
- Gilles Boevi Koumou, 2020. "Diversification and portfolio theory: a review," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 34(3), pages 267-312, September.
- Gaustaroba, Gianfranco & Mansini, Renata & Ogryczak, Wlodzimierz & Speranza, M. Grazia, 2014.
"Linear Programming Models based on Omega Ratio for the Enhanced Index Tracking Problem,"
MPRA Paper
67097, University Library of Munich, Germany.
- Guastaroba, G. & Mansini, R. & Ogryczak, W. & Speranza, M.G., 2016. "Linear programming models based on Omega ratio for the Enhanced Index Tracking Problem," European Journal of Operational Research, Elsevier, vol. 251(3), pages 938-956.
- Eric Benhamou & Beatrice Guez & Nicolas Paris, 2020.
"Omega and Sharpe ratio,"
Working Papers
hal-02886481, HAL.
- Eric Benhamou & Beatrice Guez & Nicolas Paris1, 2019. "Omega and Sharpe ratio," Papers 1911.10254, arXiv.org.
- Eduardo Acosta-Gonz�lez & Reinaldo Armas-Herrera & Fernando Fern�ndez-Rodr�guez, 2015. "On the index tracking and the statistical arbitrage choosing the stocks by means of cointegration: the role of stock picking," Quantitative Finance, Taylor & Francis Journals, vol. 15(6), pages 1075-1091, June.
- Kapsos, Michalis & Christofides, Nicos & Rustem, Berç, 2014. "Worst-case robust Omega ratio," European Journal of Operational Research, Elsevier, vol. 234(2), pages 499-507.
- Yu, Jing-Rung & Paul Chiou, Wan-Jiun & Hsin, Yi-Ting & Sheu, Her-Jiun, 2022. "Omega portfolio models with floating return threshold," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 743-758.
- Marie Briere & Ariane Szafarz, 2017. "Factor Investing: The Rocky Road from Long-Only to Long-Short," Working Papers CEB 17-013, ULB -- Universite Libre de Bruxelles.
- Amita Sharma & Sebastian Utz & Aparna Mehra, 2017. "Omega-CVaR portfolio optimization and its worst case analysis," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 39(2), pages 505-539, March.
- Massimiliano Caporin & Michele Costola & Gregory Mathieu Jannin & Bertrand Maillet, 2016.
"On the (Ab)Use of Omega?,"
Working Papers
hal-01697640, HAL.
Articles
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
See citations under working paper version above.
- Manfred Gilli & Enrico Schumann, 2009. "Heuristic Optimisation in Financial Modelling," Working Papers 007, COMISEF.
- Manfred Gilli & Enrico Schumann & Giacomo di Tollo & Gerda Cabej, 2011.
"Constructing 130/30-portfolios with the Omega ratio,"
Journal of Asset Management, Palgrave Macmillan, vol. 12(2), pages 94-108, June.
Cited by:
- Carole Bernard & Massimiliano Caporin & Bertrand Maillet & Xiang Zhang, 2023. "Omega Compatibility: A Meta-analysis," Computational Economics, Springer;Society for Computational Economics, vol. 62(2), pages 493-526, August.
- Gianni Filograsso & Giacomo Tollo, 2023. "Adaptive evolutionary algorithms for portfolio selection problems," Computational Management Science, Springer, vol. 20(1), pages 1-38, December.
- Eduardo Acosta-Gonz�lez & Reinaldo Armas-Herrera & Fernando Fern�ndez-Rodr�guez, 2015. "On the index tracking and the statistical arbitrage choosing the stocks by means of cointegration: the role of stock picking," Quantitative Finance, Taylor & Francis Journals, vol. 15(6), pages 1075-1091, June.
- Gilli, Manfred & Schumann, Enrico, 2010.
"Optimization in financial engineering - an essay on 'good' solutions and misplaced exactitude,"
Journal of Financial Transformation, Capco Institute, vol. 28, pages 117-122.
Cited by:
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred Gilli & Enrico Schumann, 2009. "Heuristic Optimisation in Financial Modelling," Working Papers 007, COMISEF.
- Manfred Gilli & Enrico Schumann, 2010. "Calibrating Option Pricing Models with Heuristics," Working Papers 030, COMISEF.
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
Chapters
-
Sorry, no citations of chapters recorded.
Books
- Gilli, Manfred & Maringer, Dietmar & Schumann, Enrico, 2011.
"Numerical Methods and Optimization in Finance,"
Elsevier Monographs,
Elsevier,
edition 1, number 9780123756626.
Cited by:
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
- Manfred Gilli & Enrico Schumann, 2009. "Heuristic Optimisation in Financial Modelling," Working Papers 007, COMISEF.
- Marc S. Paolella, 2014. "Fast Methods For Large-Scale Non-Elliptical Portfolio Optimization," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 1-32.
- De Haas Samuel & Winker Peter, 2016. "Detecting Fraudulent Interviewers by Improved Clustering Methods – The Case of Falsifications of Answers to Parts of a Questionnaire," Journal of Official Statistics, Sciendo, vol. 32(3), pages 643-660, September.
- Capuozzo, Pietro & Panella, Emanuele & Schettini Gherardini, Tancredi & Vvedensky, Dimitri D., 2021. "Path integral Monte Carlo method for option pricing," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 581(C).
- Stefan Andreea-Mirabela, 2020. "Metaheuristichybridization: Memeticalgorithm," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(48), pages 155-164, August.
- Andrea Scozzari & Fabio Tardella & Sandra Paterlini & Thiemo Krink, 2012.
"Exact and heuristic approaches for the index tracking problem with UCITS constraints,"
Center for Economic Research (RECent)
081, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
- Andrea Scozzari & Fabio Tardella & Sandra Paterlini & Thiemo Krink, 2013. "Exact and heuristic approaches for the index tracking problem with UCITS constraints," Annals of Operations Research, Springer, vol. 205(1), pages 235-250, May.
- Andrea Scozzari & Fabio Tardella & Sandra Paterlini & Thiemo Krink, 2012. "Exact and Heuristic Approaches for the Index Tracking Problem with UCITS Constraints," Department of Economics 0685, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
- Gaudard, Ludovic & Madani, Kaveh, 2019. "Energy storage race: Has the monopoly of pumped-storage in Europe come to an end?," Energy Policy, Elsevier, vol. 126(C), pages 22-29.
- Kapetanios, George & Marcellino, Massimiliano & Papailias, Fotis, 2016. "Forecasting inflation and GDP growth using heuristic optimisation of information criteria and variable reduction methods," Computational Statistics & Data Analysis, Elsevier, vol. 100(C), pages 369-382.
- Doering, Jana & Kizys, Renatas & Juan, Angel A. & Fitó, Àngels & Polat, Onur, 2019. "Metaheuristics for rich portfolio optimisation and risk management: Current state and future trends," Operations Research Perspectives, Elsevier, vol. 6(C).
- Marco Di Francesco & Kevin Kamm, 2021. "How to handle negative interest rates in a CIR framework," Papers 2106.03716, arXiv.org.
- Miśkiewicz, Janusz, 2013. "Power law classification scheme of time series correlations. On the example of G20 group," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(9), pages 2150-2162.
- Pierre Cahuc & Franck Malherbet & Julien Prat, 2019.
"The Detrimental Effect of Job Protection on Employment: Evidence from France,"
Working Papers
hal-03881628, HAL.
- Cahuc, Pierre & Malherbet, Franck & Prat, Julien, 2019. "The Detrimental Effect of Job Protection on Employment: Evidence from France," IZA Discussion Papers 12384, Institute of Labor Economics (IZA).
- Pierre Cahuc & Franck Malherbet & Julien Prat, 2019. "The Detrimental Effect of Job Protection on Employment: Evidence from France," SciencePo Working papers Main hal-03881628, HAL.
- Cahuc, Pierre & Malherbet, Franck & Prat, Julien, 2019. "The Detrimental Effect of Job Protection on Employment: Evidence from France," CEPR Discussion Papers 13767, C.E.P.R. Discussion Papers.
- Bergmeir, Christoph & Molina, Daniel & Benítez, José M., 2016. "Memetic Algorithms with Local Search Chains in R: The Rmalschains Package," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 75(i04).
- Singh, Vikas Vikram & Lisser, Abdel & Arora, Monika, 2021. "An equivalent mathematical program for games with random constraints," Statistics & Probability Letters, Elsevier, vol. 174(C).
- Groll, Andreas & López-Cabrera, Brenda & Meyer-Brandis, Thilo, 2016.
"A consistent two-factor model for pricing temperature derivatives,"
Energy Economics, Elsevier, vol. 55(C), pages 112-126.
- Groll, Andreas & López-Cabrera, Brenda & Meyer-Brandis, Thilo, 2014. "A consistent two-factor model for pricing temperature derivatives," SFB 649 Discussion Papers 2014-006, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Tahereh Khodamoradi & Maziar Salahi & Ali Reza Najafi, 2021. "Cardinality-constrained portfolio optimization with short selling and risk-neutral interest rate," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 44(1), pages 197-214, June.
- Ludovic Gaudard & Manfred Gilli & Franco Romerio, 2013. "Climate Change Impacts on Hydropower Management," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 27(15), pages 5143-5156, December.
- Joseph Andria & Giacomo Tollo & Raffaele Pesenti, 2015. "Detection of local tourism systems by threshold accepting," Computational Management Science, Springer, vol. 12(4), pages 559-575, October.
- Radpour, Saeidreza & Gemechu, Eskinder & Ahiduzzaman, Md & Kumar, Amit, 2021. "Development of a framework for the assessment of the market penetration of novel in situ bitumen extraction technologies," Energy, Elsevier, vol. 220(C).
- Moritz Birgit & Becker Martin & Schmidtchen Dieter, 2018. "Measuring the Deterrent Effect of European Cartel Law Enforcement," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 18(3), pages 1-27, July.
- Marcello Calvanese Strinati & Claudio Conti, 2022. "Multidimensional hyperspin machine," Nature Communications, Nature, vol. 13(1), pages 1-10, December.
- Samuel Fern'andez-Lorenzo & Diego Porras & Juan Jos'e Garc'ia-Ripoll, 2020. "Hybrid quantum-classical optimization for financial index tracking," Papers 2008.12050, arXiv.org, revised Oct 2021.
- Becker, Martin & Klößner, Stefan, 2018. "Fast and reliable computation of generalized synthetic controls," Econometrics and Statistics, Elsevier, vol. 5(C), pages 1-19.
- Manuel Kleinknecht & Wing Lon Ng, 2015. "Minimizing Basel III Capital Requirements with Unconditional Coverage Constraint," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 22(4), pages 263-281, October.
- Mullen, Katharine M., 2014. "Continuous Global Optimization in R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 60(i06).
- Marco Di Francesco, 2021. "Portfolio optimization under solvency II: a multi-objective approach incorporating market views and real-world constraints," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 44(1), pages 269-294, June.
- Paulo M.M. Rodrigues & Gabriel Zsurkis, 2023.
"First passage times in portfolio optimization: a novel nonparametric approach,"
Working Papers
w202309, Banco de Portugal, Economics and Research Department.
- Zsurkis, Gabriel & Nicolau, João & Rodrigues, Paulo M.M., 2024. "First passage times in portfolio optimization: A novel nonparametric approach," European Journal of Operational Research, Elsevier, vol. 312(3), pages 1074-1085.
- Bilias, Yannis & Florios, Kostas & Skouras, Spyros, 2019. "Exact computation of Censored Least Absolute Deviations estimator," Journal of Econometrics, Elsevier, vol. 212(2), pages 584-606.
- Dufo-López, Rodolfo & Cristóbal-Monreal, Iván R. & Yusta, José M., 2016. "Stochastic-heuristic methodology for the optimisation of components and control variables of PV-wind-diesel-battery stand-alone systems," Renewable Energy, Elsevier, vol. 99(C), pages 919-935.
- Ben R. Craig & Dietmar Maringer & Sandra Paterlini, 2019. "Recreating Banking Networks under Decreasing Fixed Costs," Working Papers 19-21, Federal Reserve Bank of Cleveland.
- Longbing Cao & Qiang Yang & Philip S. Yu, 2020. "Data science and AI in FinTech: An overview," Papers 2007.12681, arXiv.org, revised Jul 2021.
- Longbing Cao, 2021. "AI in Finance: Challenges, Techniques and Opportunities," Papers 2107.09051, arXiv.org.
- Tae-Seok Jang, 2015. "Identification of Social Interaction Effects in Financial Data," Computational Economics, Springer;Society for Computational Economics, vol. 45(2), pages 207-238, February.
- Manfred Gilli & Enrico Schumann, 2012.
"Heuristic optimisation in financial modelling,"
Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
More information
Research fields, statistics, top rankings, if available.Statistics
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NEP Fields
NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 10 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.- NEP-CMP: Computational Economics (6) 2009-12-05 2009-12-05 2010-03-20 2010-04-11 2010-10-16 2011-04-16. Author is listed
- NEP-ORE: Operations Research (4) 2009-12-05 2009-12-05 2009-12-05 2010-03-20
- NEP-RMG: Risk Management (3) 2009-06-03 2011-04-16 2018-08-27
- NEP-CBA: Central Banking (1) 2010-04-11
- NEP-ECM: Econometrics (1) 2009-12-05
- NEP-FMK: Financial Markets (1) 2011-04-16
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