Using influence nets in financial informatics: A case study of Pakistan

Author Affiliation

Sajjad Haider is Associate Professor of Computer Science and the Head of the Artificial Intelligence Lab, Faculty of Computer Science, Institute of Business Administration (IBA), Karachi

Shabih Haider is Assistant Professor of Economics and Finance in the Institute of Business Administration (IBA), Karachi.

Muhammad Shafqat is student of Bachelors in Business Administration (BBA) from the Institute of Business Administration (IBA), Karachi.

Faculty / School

Faculty of Computer Sciences (FCS)

Department

Department of Computer Science

Was this content written or created while at IBA?

Yes

Document Type

Article

Source Publication

Journal of Computing and Information Technology

ISSN

1330-1136

Disciplines

Computer Sciences

Abstract

The paper presents an application of Influence Nets (INs) in the field of financial informatics. Influence Nets have primarily been used in war games to model effects based operations but, as shown in this paper, they can prove to be equally useful in other domains requiring decision making under uncertain situations. The primary advantage of INs lies in their ability to acquire knowledge from subject matter experts in problem domains that rely heavily on experts' opinion. A sample case study from the fields of economics and finance is presented in this paper. The case study models the choices faced by a developing country to recover her economy which is going through a difficult phase due to global financial crisis, internal law and order situation and political instability.

Indexing Information

HJRS - Y Category, Scopus

Publication Status

Published

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