{"id":"https://openalex.org/W2912537427","doi":"https://doi.org/10.1109/uv.2018.8642121","title":"DEVS Modeling and Simulation of Financial Leverage Effect Based on Markov Decision Process","display_name":"DEVS Modeling and Simulation of Financial Leverage Effect Based on Markov Decision Process","publication_year":2018,"publication_date":"2018-10-01","ids":{"openalex":"https://openalex.org/W2912537427","doi":"https://doi.org/10.1109/uv.2018.8642121","mag":"2912537427"},"language":"en","primary_location":{"id":"doi:10.1109/uv.2018.8642121","is_oa":false,"landing_page_url":"https://doi.org/10.1109/uv.2018.8642121","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2018 4th International Conference on Universal Village (UV)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110595650","display_name":"E. Barbieri","orcid":null},"institutions":[{"id":"https://openalex.org/I1294671590","display_name":"Centre National de la Recherche Scientifique","ror":"https://ror.org/02feahw73","country_code":"FR","type":"government","lineage":["https://openalex.org/I1294671590"]},{"id":"https://openalex.org/I138816502","display_name":"Universit\u00e9 de Corse Pascal Paoli","ror":"https://ror.org/050ra0n32","country_code":"FR","type":"education","lineage":["https://openalex.org/I138816502"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"E. Barbieri","raw_affiliation_strings":["SPE UMR CNRS 6134 Lab., University of Corsica, 20250 Corte, France"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"SPE UMR CNRS 6134 Lab., University of Corsica, 20250 Corte, France","institution_ids":["https://openalex.org/I1294671590","https://openalex.org/I138816502"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5060363103","display_name":"Laurent Capocchi","orcid":"https://orcid.org/0000-0002-0793-8742"},"institutions":[{"id":"https://openalex.org/I1294671590","display_name":"Centre National de la Recherche Scientifique","ror":"https://ror.org/02feahw73","country_code":"FR","type":"government","lineage":["https://openalex.org/I1294671590"]},{"id":"https://openalex.org/I138816502","display_name":"Universit\u00e9 de Corse Pascal Paoli","ror":"https://ror.org/050ra0n32","country_code":"FR","type":"education","lineage":["https://openalex.org/I138816502"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"L. Capocchi","raw_affiliation_strings":["SPE UMR CNRS 6134 Lab., University of Corsica, 20250 Corte, France"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"SPE UMR CNRS 6134 Lab., University of Corsica, 20250 Corte, France","institution_ids":["https://openalex.org/I1294671590","https://openalex.org/I138816502"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5082947178","display_name":"Jean-Fran\u00e7ois Santucci","orcid":"https://orcid.org/0000-0002-9143-532X"},"institutions":[{"id":"https://openalex.org/I1294671590","display_name":"Centre National de la Recherche Scientifique","ror":"https://ror.org/02feahw73","country_code":"FR","type":"government","lineage":["https://openalex.org/I1294671590"]},{"id":"https://openalex.org/I138816502","display_name":"Universit\u00e9 de Corse Pascal Paoli","ror":"https://ror.org/050ra0n32","country_code":"FR","type":"education","lineage":["https://openalex.org/I138816502"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"J.F. Santucci","raw_affiliation_strings":["SPE UMR CNRS 6134 Lab., University of Corsica, 20250 Corte, France"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"SPE UMR CNRS 6134 Lab., University of Corsica, 20250 Corte, France","institution_ids":["https://openalex.org/I1294671590","https://openalex.org/I138816502"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"5"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.986299991607666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.986299991607666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11810","display_name":"Complex Systems and Decision Making","score":0.9589999914169312,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9444000124931335,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/leverage","display_name":"Leverage (statistics)","score":0.7393465042114258},{"id":"https://openalex.org/keywords/markov-decision-process","display_name":"Markov decision process","score":0.7295417785644531},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6237912178039551},{"id":"https://openalex.org/keywords/reinforcement-learning","display_name":"Reinforcement learning","score":0.5254917740821838},{"id":"https://openalex.org/keywords/devs","display_name":"DEVS","score":0.5063968896865845},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.5014200210571289},{"id":"https://openalex.org/keywords/markov-process","display_name":"Markov process","score":0.47031015157699585},{"id":"https://openalex.org/keywords/decision-support-system","display_name":"Decision support system","score":0.45336204767227173},{"id":"https://openalex.org/keywords/discrete-event-simulation","display_name":"Discrete event simulation","score":0.4392600953578949},{"id":"https://openalex.org/keywords/markov-chain","display_name":"Markov chain","score":0.435749351978302},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.34620338678359985},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.3175610303878784},{"id":"https://openalex.org/keywords/modeling-and-simulation","display_name":"Modeling and simulation","score":0.30796319246292114},{"id":"https://openalex.org/keywords/machine-learning","display_name":"Machine learning","score":0.23341509699821472},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.21149778366088867},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.19744113087654114},{"id":"https://openalex.org/keywords/simulation","display_name":"Simulation","score":0.14493948221206665},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.13296234607696533}],"concepts":[{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.7393465042114258},{"id":"https://openalex.org/C106189395","wikidata":"https://www.wikidata.org/wiki/Q176789","display_name":"Markov decision process","level":3,"score":0.7295417785644531},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6237912178039551},{"id":"https://openalex.org/C97541855","wikidata":"https://www.wikidata.org/wiki/Q830687","display_name":"Reinforcement learning","level":2,"score":0.5254917740821838},{"id":"https://openalex.org/C68757728","wikidata":"https://www.wikidata.org/wiki/Q911082","display_name":"DEVS","level":3,"score":0.5063968896865845},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.5014200210571289},{"id":"https://openalex.org/C159886148","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov process","level":2,"score":0.47031015157699585},{"id":"https://openalex.org/C107327155","wikidata":"https://www.wikidata.org/wiki/Q330268","display_name":"Decision support system","level":2,"score":0.45336204767227173},{"id":"https://openalex.org/C147203929","wikidata":"https://www.wikidata.org/wiki/Q574814","display_name":"Discrete event simulation","level":2,"score":0.4392600953578949},{"id":"https://openalex.org/C98763669","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov chain","level":2,"score":0.435749351978302},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.34620338678359985},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3175610303878784},{"id":"https://openalex.org/C167343916","wikidata":"https://www.wikidata.org/wiki/Q6888384","display_name":"Modeling and simulation","level":2,"score":0.30796319246292114},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.23341509699821472},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.21149778366088867},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.19744113087654114},{"id":"https://openalex.org/C44154836","wikidata":"https://www.wikidata.org/wiki/Q45045","display_name":"Simulation","level":1,"score":0.14493948221206665},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.13296234607696533},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/uv.2018.8642121","is_oa":false,"landing_page_url":"https://doi.org/10.1109/uv.2018.8642121","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2018 4th International Conference on Universal Village (UV)","raw_type":"proceedings-article"},{"id":"pmh:oai:HAL:hal-02101029v1","is_oa":false,"landing_page_url":"https://hal.science/hal-02101029","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL (Le Centre pour la Communication Scientifique Directe)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1294671590","host_organization_name":"Centre National de la Recherche Scientifique","host_organization_lineage":["https://openalex.org/I1294671590"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"2018 4th International Conference on Universal Village (UV), Oct 2018, Boston, United States. pp.1-5, &#x27E8;10.1109/UV.2018.8642121&#x27E9;","raw_type":"info:eu-repo/semantics/conferenceObject"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W103839881","https://openalex.org/W182840888","https://openalex.org/W600148761","https://openalex.org/W1515851193","https://openalex.org/W1545148916","https://openalex.org/W1972958635","https://openalex.org/W2001598892","https://openalex.org/W2096117819","https://openalex.org/W2119567691","https://openalex.org/W2135674904","https://openalex.org/W2136631562","https://openalex.org/W2334782222","https://openalex.org/W2341171179","https://openalex.org/W2555974880","https://openalex.org/W2963305465","https://openalex.org/W4392521438","https://openalex.org/W6604250114","https://openalex.org/W6674381070","https://openalex.org/W6701573534"],"related_works":["https://openalex.org/W2248184567","https://openalex.org/W1602403167","https://openalex.org/W2120785414","https://openalex.org/W2057670835","https://openalex.org/W2911373778","https://openalex.org/W3148250607","https://openalex.org/W4287831525","https://openalex.org/W3148871973","https://openalex.org/W2153976870","https://openalex.org/W2149438936"],"abstract_inverted_index":{"Decision":[0],"making":[1],"during":[2],"a":[3,10,15,39,50],"financial":[4],"asset":[5],"optimization":[6],"process":[7],"leading":[8],"to":[9,62,95],"potential":[11],"leverage":[12,67,92],"effect":[13,93],"is":[14,85],"major":[16],"issue":[17],"in":[18,42,71,82],"the":[19,63,79,88,91,96,100],"management":[20],"of":[21,45,78,99],"an":[22],"investment":[23],"program":[24],"such":[25],"as":[26],"European":[27],"development":[28],"programs.":[29],"Modeling":[30],"and":[31,54],"simulation":[32,55],"based":[33],"on":[34,68,87],"reinforcement":[35],"learning":[36],"can":[37],"propose":[38],"decision-making":[40,59],"policy":[41],"this":[43,83],"kind":[44],"process.":[46],"This":[47],"paper":[48,84],"presents":[49],"DEVS":[51],"discrete-event":[52],"modeling":[53],"approach":[56,80],"from":[57],"Markov":[58],"processes":[60],"applied":[61],"search":[64,89],"for":[65,90],"maximum":[66],"self-financing":[69],"capabilities":[70],"grant":[72],"application":[73,77],"instruction":[74],"phase.":[75],"The":[76],"presented":[81],"made":[86],"linked":[94],"price":[97],"volatility":[98],"main":[101],"stock":[102],"market":[103],"indices":[104],"(CAC40,":[105],"NasDaq,":[106],"etc.).":[107]},"counts_by_year":[],"updated_date":"2026-07-22T07:51:19.307946","created_date":"2025-10-10T00:00:00"}
