Trading Committees: A Comparative Study


Authors: Rehfuss, Steve; Wu, Lizhong; Moody, John

Source: Proc.3rd Int'l. Conf. Neural Networks in the Capital Markets '95, pp. 11-13, London, England, 1995

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Abstract

Combining experts by averaging their forecasts can be useful for prediction in environments where the individual experts are noisy. In decision-making situations such as trading systems, another possibility is to use voting committees, where committee members first decide individually, and then the individual decisions are used to produce the final decision. We compare combining forecasts with three types of voting using a trading system developed for the INFFC competition.


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