Supporting Large Scale Collaboration and Crowd-Based Investigation in Economics: A Computational Representation for Description and Simulation of Financial Models

Finance should be studied as a hard science, where scientific methods apply. When a trading strategy is proposed, the underlying model should be transparent and defined robustly to allow other researchers to understand and examine it thoroughly. Any reports on experimental results must allow other researchers to trace back to the original data and models that produced them. Like any hard sciences, results must be repeatable to allow researchers to collaborate and build upon each other’s results. Large-scale collaboration, when applying the steps of scientific investigation, is an efficient way to leverage crowd science to accelerate research in finance. Unfortunately, the current reality is far from that. Evidence shows that current methods of investigation in finance in most cases do not allow for reproducible and falsifiable procedures of scientific investigation. As a consequence, the majority of financial decisions at all levels, from personal investment choices to overreaching global economic policies, rely on some variation of try-and-error and are mostly non-scientific by definition. We lack transparency for procedures and evidence, proper explanation of market events, predictability on effects, or identification of causes. There is no clear demarcation of what is inherently scientific, and as a consequence, the line between fake and true is blurred. In this research, we advocate the use of a next-generation investigative approach leveraging forces of human diversity, micro-specialized crowds, and proper computer-assisted control methods associated with accessibility, reproducibility, communication, and collaboration. This thesis is structured in three distinctive parts. The first part defines a set of very specific cognitive and non-cognitive enablers for crowd-based scientific investigation: methods of proof, large-scale collaboration, and a domain-specific computational representation. These enablers allow the application of procedures of structured scientific investigation powered by crowds, a “collective brain in which neurons are human collaborators”. The second part defines a specialized computational representation to allow proper controls and collaboration in large-scale in the field of economics. A computational representation is a role-based representation system based on facets, contributions, and constraints of data, and used to define concepts related to a specific domain of knowledge for crowd-based investigation. The third and last part performs an end-to-end investigation of a non-trivial problem in finance by measuring the actual performance of a momentum strategy in technical analysis, applying formal methods of investigation developed over the first and second part of this research

Confusão de linguagens : O desencontro entre a ternura e a paixão

info:eu-repo/semantics/publishedVersio

Different approaches to grounding resistance. Calculation for thin wire structures at low frequency energization

The present paper deals with the calculation of grounding resistance of an electrode composed of thin wires, that we consider here as perfect electric conductors (PEC) e.g. with null internal resistance, when buried in a soil of uniform resistivity. The potential profile at the ground surface is also calculated when the electrode is energized with low frequency current. The classic treatment by using leakage currents, called Charge Simulated Method (CSM), is compared with that using a set of steady currents along the axis of the wires, here called the Longitudinal Currents Method (LCM), to solve the Maxwell equations. The method of moments is applied to obtain a numerical approximation of the solution by using rectangular basis functions. Both methods are applied to two types of electrodes and the results are also compared with those obtained using a thirth approach, the Average Potential Method (APM), later described in the text. From the analysis performed, we can estimate a value of the error in the determination of grounding resistance as a function of the number of segments in which the electrodes are divided

Transient behavior of a system composed of conductive thin wire structures excited by harmonic and lightning type signals

The transient response of a system of independent electrodes buried in a semi-infinite conducting medium is studied. Using a simple and versatile numerical scheme written by the authors and based on the Electric Field Integral Equation (EFIE), the effect caused by harmonic signals ranging on frequency from Hz to hundred of MHz, and also by lightning type driving signal striking at a remote point far from the conductors, is extensively studied. The value of the scalar potential appearing on the electrodes as a function of the frequency of the applied signal is one of the variables investigated. Other features such as the input impedance at the injection point of the signal and the Ground Potential Rise (GPR) over the electrode system are also discusse

Interaction between interconnected and isolated grounding systems: a case study of transferred potentials

The effect caused by ground fault current in a complex system of interacting electrodes is theoretically studied. The calculation applies to a specific case in which a set of interconnected electrodes, which are part of a grounding facility network, are activated by a ground fault current. Transferred potentials to adjacent passive electrodes are calculated and the most relevant parameters of the electrode system are evaluated. Finally, the convenience of connecting the grounding electrodes is discussed