Exploring internal mechanism of warrant in financial market with a hybrid approach

In this research, we explore the internal mechanism of warrant in financial market with a hybrid approach integrating Black–Scholes pricing method and Grey theory into a genetic algorithm (GA) based back-propagation neural network (BPN). Black–Scholes pricing method can help make earnings with littl...

Full description

Saved in:
Bibliographic Details
Published inExpert systems with applications Vol. 35; no. 3; pp. 1237 - 1245
Main Authors Chiu, Deng-Yiv, Lin, Chin-Ching
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 01.10.2008
Subjects
Online AccessGet full text
ISSN0957-4174
1873-6793
DOI10.1016/j.eswa.2007.08.051

Cover

Abstract In this research, we explore the internal mechanism of warrant in financial market with a hybrid approach integrating Black–Scholes pricing method and Grey theory into a genetic algorithm (GA) based back-propagation neural network (BPN). Black–Scholes pricing method can help make earnings with little risk. Grey theory can decrease the random and implicative noise of tempestuously undulant warrant prices. GA is used to find the best architecture for BPN to avoid local optimum. In experiment, we find that most of selected input variables for BPN include Black–Scholes pricing values and Grey index values. It shows that those two kinds of values are crucial factors. And the earnings rate of warrant outperforms that of the underlying asset. In addition, the proposed model is verified to outperform traditional BPN. However, the high risk of warrant is another subject to which we should pay attention.
AbstractList In this research, we explore the internal mechanism of warrant in financial market with a hybrid approach integrating Black-Scholes pricing method and Grey theory into a genetic algorithm (GA) based back-propagation neural network (BPN). Black-Scholes pricing method can help make earnings with little risk. Grey theory can decrease the random and implicative noise of tempestuously undulant warrant prices. GA is used to find the best architecture for BPN to avoid local optimum. In experiment, we find that most of selected input variables for BPN include Black-Scholes pricing values and Grey index values. It shows that those two kinds of values are crucial factors. And the earnings rate of warrant outperforms that of the underlying asset. In addition, the proposed model is verified to outperform traditional BPN. However, the high risk of warrant is another subject to which we should pay attention.
In this research, we explore the internal mechanism of warrant in financial market with a hybrid approach integrating Black–Scholes pricing method and Grey theory into a genetic algorithm (GA) based back-propagation neural network (BPN). Black–Scholes pricing method can help make earnings with little risk. Grey theory can decrease the random and implicative noise of tempestuously undulant warrant prices. GA is used to find the best architecture for BPN to avoid local optimum. In experiment, we find that most of selected input variables for BPN include Black–Scholes pricing values and Grey index values. It shows that those two kinds of values are crucial factors. And the earnings rate of warrant outperforms that of the underlying asset. In addition, the proposed model is verified to outperform traditional BPN. However, the high risk of warrant is another subject to which we should pay attention.
Author Chiu, Deng-Yiv
Lin, Chin-Ching
Author_xml – sequence: 1
  givenname: Deng-Yiv
  surname: Chiu
  fullname: Chiu, Deng-Yiv
  email: chiuden@chu.edu.tw
  organization: Department of Information Management, ChungHua University, No. 707, Section 2, Wu-Fu Road, Hsin-Chu 300, Taiwan, ROC
– sequence: 2
  givenname: Chin-Ching
  surname: Lin
  fullname: Lin, Chin-Ching
  organization: King Yuan Electronics Co., Ltd., No. 81, Section 2, Gongdaowu Road, Hsin-Chu 300, Taiwan, ROC
BookMark eNp9kD1PwzAQhi1UJNrCH2DyxJZgx0mcSiyoKh9SJSQEs3VxLsQldYLtUvrvSVQmhk433Pvc6X1mZGI7i4RccxZzxvPbTYx-D3HCmIxZEbOMn5EpL6SIcrkQEzJli0xGKZfpBZl5v2GMyyE7Ja-rn77tnLEf1NiAzkJLt6gbsMZvaVfTPTgHNgxbWhsLVpsxAe4TA92b0FCgzaF0pqLQ964D3VyS8xpaj1d_c07eH1Zvy6do_fL4vLxfR1oIHiIhYYE5q1FjUaHgiS7LNK-ELBkvyiypUgGJ0DpP6wolT4ClWpQyTUAKmWRSzMnN8e7w9muHPqit8RrbFix2O69Eyoo8y_MhWByD2nXeO6yVNgGC6WxwYFrFmRolqo0aJapRomKFGiQOaPIP7Z0Z2h9OQ3dHCIf23wad8tqg1VgZhzqoqjOn8F_vQo6h
CitedBy_id crossref_primary_10_2139_ssrn_3486363
crossref_primary_10_1007_s00521_010_0362_z
crossref_primary_10_1155_2016_9656453
crossref_primary_10_1016_j_asoc_2015_09_040
Cites_doi 10.1109/72.165604
10.1109/28.833761
10.1086/260062
10.2307/2329209
10.1016/S0957-4174(00)00027-0
10.1080/1350485042000329103
10.1109/CIFER.1996.501817
ContentType Journal Article
Copyright 2007 Elsevier Ltd
Copyright_xml – notice: 2007 Elsevier Ltd
DBID AAYXX
CITATION
7SC
8FD
JQ2
L7M
L~C
L~D
DOI 10.1016/j.eswa.2007.08.051
DatabaseName CrossRef
Computer and Information Systems Abstracts
Technology Research Database
ProQuest Computer Science Collection
Advanced Technologies Database with Aerospace
Computer and Information Systems Abstracts – Academic
Computer and Information Systems Abstracts Professional
DatabaseTitle CrossRef
Computer and Information Systems Abstracts
Technology Research Database
Computer and Information Systems Abstracts – Academic
Advanced Technologies Database with Aerospace
ProQuest Computer Science Collection
Computer and Information Systems Abstracts Professional
DatabaseTitleList Computer and Information Systems Abstracts

DeliveryMethod fulltext_linktorsrc
Discipline Computer Science
EISSN 1873-6793
EndPage 1245
ExternalDocumentID 10_1016_j_eswa_2007_08_051
S0957417407003569
GroupedDBID --K
--M
.DC
.~1
0R~
13V
1B1
1RT
1~.
1~5
29G
4.4
457
4G.
5GY
5VS
7-5
71M
8P~
9JN
9JO
AAAKF
AAAKG
AABNK
AACTN
AAEDT
AAEDW
AAIAV
AAIKJ
AAKOC
AALRI
AAOAW
AAQFI
AAQXK
AARIN
AAXUO
AAYFN
ABBOA
ABFNM
ABKBG
ABMAC
ABMVD
ABUCO
ABXDB
ABYKQ
ACDAQ
ACGFS
ACHRH
ACNNM
ACNTT
ACRLP
ACZNC
ADBBV
ADEZE
ADJOM
ADMUD
ADTZH
AEBSH
AECPX
AEKER
AENEX
AFKWA
AFTJW
AGHFR
AGJBL
AGUBO
AGUMN
AGYEJ
AHHHB
AHJVU
AHZHX
AIALX
AIEXJ
AIKHN
AITUG
AJBFU
AJOXV
ALEQD
ALMA_UNASSIGNED_HOLDINGS
AMFUW
AMRAJ
AOUOD
APLSM
ASPBG
AVWKF
AXJTR
AZFZN
BJAXD
BKOJK
BLXMC
BNSAS
CS3
DU5
EBS
EFJIC
EFLBG
EJD
EO8
EO9
EP2
EP3
F5P
FDB
FEDTE
FGOYB
FIRID
FNPLU
FYGXN
G-2
G-Q
GBLVA
GBOLZ
HAMUX
HLZ
HVGLF
HZ~
IHE
J1W
JJJVA
KOM
LG9
LY1
LY7
M41
MO0
N9A
O-L
O9-
OAUVE
OZT
P-8
P-9
P2P
PC.
PQQKQ
Q38
R2-
RIG
ROL
RPZ
SBC
SDF
SDG
SDP
SDS
SES
SET
SEW
SPC
SPCBC
SSB
SSD
SSL
SST
SSV
SSZ
T5K
TN5
WUQ
XPP
ZMT
~G-
AATTM
AAXKI
AAYWO
AAYXX
ABJNI
ABWVN
ACLOT
ACRPL
ACVFH
ADCNI
ADNMO
AEIPS
AEUPX
AFJKZ
AFPUW
AGQPQ
AIGII
AIIUN
AKBMS
AKRWK
AKYEP
ANKPU
APXCP
CITATION
EFKBS
~HD
7SC
8FD
JQ2
L7M
L~C
L~D
ID FETCH-LOGICAL-c331t-37a9e60fece8de312cbb46d37b018b52d43a23cc64fde712a04c3b742a7372573
IEDL.DBID AIKHN
ISSN 0957-4174
IngestDate Wed Oct 01 13:31:29 EDT 2025
Wed Oct 01 03:51:15 EDT 2025
Thu Apr 24 23:10:08 EDT 2025
Fri Feb 23 02:27:35 EST 2024
IsPeerReviewed true
IsScholarly true
Issue 3
Keywords Black–Scholes pricing method
Back-propagation neural network
Warrant
Grey theory
Genetic algorithm
Language English
License https://www.elsevier.com/tdm/userlicense/1.0
LinkModel DirectLink
MergedId FETCHMERGED-LOGICAL-c331t-37a9e60fece8de312cbb46d37b018b52d43a23cc64fde712a04c3b742a7372573
Notes ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
PQID 34086566
PQPubID 23500
PageCount 9
ParticipantIDs proquest_miscellaneous_34086566
crossref_citationtrail_10_1016_j_eswa_2007_08_051
crossref_primary_10_1016_j_eswa_2007_08_051
elsevier_sciencedirect_doi_10_1016_j_eswa_2007_08_051
ProviderPackageCode CITATION
AAYXX
PublicationCentury 2000
PublicationDate 2008-10-01
PublicationDateYYYYMMDD 2008-10-01
PublicationDate_xml – month: 10
  year: 2008
  text: 2008-10-01
  day: 01
PublicationDecade 2000
PublicationTitle Expert systems with applications
PublicationYear 2008
Publisher Elsevier Ltd
Publisher_xml – name: Elsevier Ltd
References Hutchinson, Lo, Poggio (bib12) 1994; 49
Deboeck, Deboeck (bib4) 1992; 1
Chi, S. C., Chen, H. P. & Cheng, C. H. (1999). A forecasting approach for stock index future using Grey theory and neural networks. In: Proceedings of IEEE international joint conference on neural networks, Honolulu, Hawaii, pp. 3850–3855.
Cretien (bib3) 2006; 35
Wang, K. H. (2003). A comparison study of using different neural network approach and fuzzy theorem to price call Warrant. Master Thesis Department of Business Administration, Taipei University.
Hanke (bib9) 1999
Yu (bib16) 1992; 3
Black, Scholes (bib1) 1973; 81
Fu, Kai & Xu, Wenhua (1997). Training neural network with genetic algorithms for forecasting the stock price index. In: 1997 IEEE international conference on intelligent processing systems, Beijing, China, 1, pp. 401–403.
Deng (bib5) 1982
Heffes (bib10) 2003; 19
Matilla-Garci’a, Arguello (bib14) 2005
Deng (bib6) 1989
Huang (bib11) 2000; 2
Freedman, R. S. & Giorgio, R. D. (1996). New computational architecture for pricing derivatives. In: Proceedings of the IEEE/IAFE 1996 conference on computational intelligence for financial engineering, New York, USA, pp. 14–19.
Kim, Han (bib13) 2000; 19
Cretien (10.1016/j.eswa.2007.08.051_bib3) 2006; 35
10.1016/j.eswa.2007.08.051_bib2
Matilla-Garci’a (10.1016/j.eswa.2007.08.051_bib14) 2005
Yu (10.1016/j.eswa.2007.08.051_bib16) 1992; 3
Deng (10.1016/j.eswa.2007.08.051_bib5) 1982
Kim (10.1016/j.eswa.2007.08.051_bib13) 2000; 19
Black (10.1016/j.eswa.2007.08.051_bib1) 1973; 81
Deboeck (10.1016/j.eswa.2007.08.051_bib4) 1992; 1
Hutchinson (10.1016/j.eswa.2007.08.051_bib12) 1994; 49
Huang (10.1016/j.eswa.2007.08.051_bib11) 2000; 2
Heffes (10.1016/j.eswa.2007.08.051_bib10) 2003; 19
Deng (10.1016/j.eswa.2007.08.051_bib6) 1989
10.1016/j.eswa.2007.08.051_bib15
10.1016/j.eswa.2007.08.051_bib8
10.1016/j.eswa.2007.08.051_bib7
Hanke (10.1016/j.eswa.2007.08.051_bib9) 1999
References_xml – reference: Chi, S. C., Chen, H. P. & Cheng, C. H. (1999). A forecasting approach for stock index future using Grey theory and neural networks. In: Proceedings of IEEE international joint conference on neural networks, Honolulu, Hawaii, pp. 3850–3855.
– start-page: 1
  year: 1989
  end-page: 24
  ident: bib6
  article-title: Introduction to Grey system theory
  publication-title: The Journal of Grey System
– volume: 35
  start-page: 38
  year: 2006
  end-page: 41
  ident: bib3
  article-title: Comparing option pricing models. Futures: News, analysis and strategies for futures
  publication-title: Options and Derivatives Traders
– volume: 81
  start-page: 637
  year: 1973
  end-page: 654
  ident: bib1
  article-title: The pricing of options and corporate liabilities
  publication-title: Journal of Political Economy
– start-page: 288
  year: 1982
  end-page: 294
  ident: bib5
  article-title: The control problems of Grey system
  publication-title: System and Control Letters
– reference: Wang, K. H. (2003). A comparison study of using different neural network approach and fuzzy theorem to price call Warrant. Master Thesis Department of Business Administration, Taipei University.
– start-page: 303
  year: 2005
  end-page: 308
  ident: bib14
  article-title: A hybrid approach based on neural networks and genetic algorithms to the study of profitability in the Spanish stock market
  publication-title: Applied Economics Letters
– volume: 3
  start-page: 1019
  year: 1992
  end-page: 1021
  ident: bib16
  article-title: Can Back-propagation error surface not have local minima?
  publication-title: IEEE Transactions on Neural Networks
– volume: 2
  start-page: 452
  year: 2000
  end-page: 458
  ident: bib11
  article-title: Control of an inverted pendulum using Grey prediction model
  publication-title: IEEE Transactions on Industry Applications
– reference: Fu, Kai & Xu, Wenhua (1997). Training neural network with genetic algorithms for forecasting the stock price index. In: 1997 IEEE international conference on intelligent processing systems, Beijing, China, 1, pp. 401–403.
– start-page: 26
  year: 1999
  end-page: 34
  ident: bib9
  article-title: Neural networks vs. Black–Scholes: An empirical comparison of the pricing accuracy of two fundamentally different option pricing methods
  publication-title: Journal of Computational Intelligence in Finance
– reference: Freedman, R. S. & Giorgio, R. D. (1996). New computational architecture for pricing derivatives. In: Proceedings of the IEEE/IAFE 1996 conference on computational intelligence for financial engineering, New York, USA, pp. 14–19.
– volume: 49
  start-page: 851
  year: 1994
  end-page: 889
  ident: bib12
  article-title: A nonparametric approach to the pricing and hedging of derivative securities via learning networks
  publication-title: Journal of Finance
– volume: 19
  start-page: 125
  year: 2000
  end-page: 132
  ident: bib13
  article-title: Genetic algorithms approach to feature discretization in artificial neural networks for the prediction of stock price index
  publication-title: Expert Systems with Applications
– volume: 1
  start-page: 1
  year: 1992
  end-page: 9
  ident: bib4
  article-title: Genetic optimization of neural nets for trading
  publication-title: Advantage Technology for Developers
– volume: 19
  start-page: 17
  year: 2003
  ident: bib10
  article-title: Accounting firm favors stock option expensing
  publication-title: Financial Executive
– volume: 35
  start-page: 38
  issue: 11
  year: 2006
  ident: 10.1016/j.eswa.2007.08.051_bib3
  article-title: Comparing option pricing models. Futures: News, analysis and strategies for futures
  publication-title: Options and Derivatives Traders
– ident: 10.1016/j.eswa.2007.08.051_bib2
– volume: 1
  start-page: 1
  year: 1992
  ident: 10.1016/j.eswa.2007.08.051_bib4
  article-title: Genetic optimization of neural nets for trading
  publication-title: Advantage Technology for Developers
– volume: 19
  start-page: 17
  issue: 3
  year: 2003
  ident: 10.1016/j.eswa.2007.08.051_bib10
  article-title: Accounting firm favors stock option expensing
  publication-title: Financial Executive
– volume: 3
  start-page: 1019
  year: 1992
  ident: 10.1016/j.eswa.2007.08.051_bib16
  article-title: Can Back-propagation error surface not have local minima?
  publication-title: IEEE Transactions on Neural Networks
  doi: 10.1109/72.165604
– ident: 10.1016/j.eswa.2007.08.051_bib8
– volume: 2
  start-page: 452
  year: 2000
  ident: 10.1016/j.eswa.2007.08.051_bib11
  article-title: Control of an inverted pendulum using Grey prediction model
  publication-title: IEEE Transactions on Industry Applications
  doi: 10.1109/28.833761
– volume: 81
  start-page: 637
  year: 1973
  ident: 10.1016/j.eswa.2007.08.051_bib1
  article-title: The pricing of options and corporate liabilities
  publication-title: Journal of Political Economy
  doi: 10.1086/260062
– volume: 49
  start-page: 851
  year: 1994
  ident: 10.1016/j.eswa.2007.08.051_bib12
  article-title: A nonparametric approach to the pricing and hedging of derivative securities via learning networks
  publication-title: Journal of Finance
  doi: 10.2307/2329209
– volume: 19
  start-page: 125
  year: 2000
  ident: 10.1016/j.eswa.2007.08.051_bib13
  article-title: Genetic algorithms approach to feature discretization in artificial neural networks for the prediction of stock price index
  publication-title: Expert Systems with Applications
  doi: 10.1016/S0957-4174(00)00027-0
– start-page: 303
  year: 2005
  ident: 10.1016/j.eswa.2007.08.051_bib14
  article-title: A hybrid approach based on neural networks and genetic algorithms to the study of profitability in the Spanish stock market
  publication-title: Applied Economics Letters
  doi: 10.1080/1350485042000329103
– ident: 10.1016/j.eswa.2007.08.051_bib15
– start-page: 288
  year: 1982
  ident: 10.1016/j.eswa.2007.08.051_bib5
  article-title: The control problems of Grey system
  publication-title: System and Control Letters
– start-page: 26
  issue: January–February
  year: 1999
  ident: 10.1016/j.eswa.2007.08.051_bib9
  article-title: Neural networks vs. Black–Scholes: An empirical comparison of the pricing accuracy of two fundamentally different option pricing methods
  publication-title: Journal of Computational Intelligence in Finance
– ident: 10.1016/j.eswa.2007.08.051_bib7
  doi: 10.1109/CIFER.1996.501817
– start-page: 1
  year: 1989
  ident: 10.1016/j.eswa.2007.08.051_bib6
  article-title: Introduction to Grey system theory
  publication-title: The Journal of Grey System
SSID ssj0017007
Score 1.912822
Snippet In this research, we explore the internal mechanism of warrant in financial market with a hybrid approach integrating Black–Scholes pricing method and Grey...
In this research, we explore the internal mechanism of warrant in financial market with a hybrid approach integrating Black-Scholes pricing method and Grey...
SourceID proquest
crossref
elsevier
SourceType Aggregation Database
Enrichment Source
Index Database
Publisher
StartPage 1237
SubjectTerms Back-propagation neural network
Black–Scholes pricing method
Genetic algorithm
Grey theory
Warrant
Title Exploring internal mechanism of warrant in financial market with a hybrid approach
URI https://dx.doi.org/10.1016/j.eswa.2007.08.051
https://www.proquest.com/docview/34086566
Volume 35
hasFullText 1
inHoldings 1
isFullTextHit
isPrint
journalDatabaseRights – providerCode: PRVESC
  databaseName: Elsevier SD Complete Freedom Collection [SCCMFC]
  customDbUrl:
  eissn: 1873-6793
  dateEnd: 99991231
  omitProxy: true
  ssIdentifier: ssj0017007
  issn: 0957-4174
  databaseCode: ACRLP
  dateStart: 19950101
  isFulltext: true
  titleUrlDefault: https://www.sciencedirect.com
  providerName: Elsevier
– providerCode: PRVESC
  databaseName: Science Direct
  customDbUrl:
  eissn: 1873-6793
  dateEnd: 99991231
  omitProxy: true
  ssIdentifier: ssj0017007
  issn: 0957-4174
  databaseCode: .~1
  dateStart: 19950101
  isFulltext: true
  titleUrlDefault: https://www.sciencedirect.com
  providerName: Elsevier
– providerCode: PRVESC
  databaseName: ScienceDirect Journal Collection
  customDbUrl:
  eissn: 1873-6793
  dateEnd: 99991231
  omitProxy: true
  ssIdentifier: ssj0017007
  issn: 0957-4174
  databaseCode: AIKHN
  dateStart: 19950101
  isFulltext: true
  titleUrlDefault: https://www.sciencedirect.com
  providerName: Elsevier
– providerCode: PRVLSH
  databaseName: Elsevier Journals
  customDbUrl:
  mediaType: online
  eissn: 1873-6793
  dateEnd: 99991231
  omitProxy: true
  ssIdentifier: ssj0017007
  issn: 0957-4174
  databaseCode: AKRWK
  dateStart: 19900101
  isFulltext: true
  providerName: Library Specific Holdings
link http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV05T8MwFLZKu7BwI87igQ2ljeMc9lhVVAVEB6BSt8jxIYratOqhioXfznPjVAKJDqxxXhTZfu9970bo1vA4kEwpjwoNBgrnwmMAPDzOE9-QLBDa2Nrh517c7YePg2hQQe2yFsamVTrZX8j0tbR2T5puN5vT4bD5CuAA1GECFokNh8V8B9VA_zBWRbXWw1O3twkmwHpStNxLPEvgameKNC89XwnXyZA1_Ij8pZ9-Seq1-ukcoD2HG3Gr-LVDVNH5EdovZzJgx6LH6GWTVIeHhbNvhMfalvcO52M8MXglZqCeFrCKTdltA4_Xtc_YOmWxwO-ftowLl-3GT1C_c__W7npuboInKSULkBmC69g3WmqmNCWBzLIwVjTJfMKyKFAhFQGVMg6N0gkJhB9KmoGNLOzMmiihp6iaT3J9hjANuBKEakB5OpTAvEZR5YeEsdhEnJJzRMrdSqVrKm5nW4zSMnvsI7U7bKddJqkdeBkBzd2GZlq01Nj6dlQeQvrjYqQg87fS3ZQnlgLH2DCIyPVkOU9pCGYcoNiLf375Eu0WSSPWD3OFqovZUl8DMllkdbTT-CJ1d_--AQ6k4us
linkProvider Elsevier
linkToHtml http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV1JS8QwFA4uB724i7s5eJM6zdKmOYoo43pwAW8hzYIjs4gzIl787b5MkwEFPXht80pJ8rbkfd9D6MDLkprK2oxpBwmKlDqrIPDIpBS5JzXVzgfs8PVN2X7gF4_F4xQ6SViYUFYZbX9j08fWOj5pxdlsvXQ6rTsIDsAdCshIwnVYKafRLC-oCBnY0eekziPwz4mGcE9kYXhEzjRFXm74riOPYXWUF-Q37_TDTo-dz9kSWohRIz5ufmwZTbn-ClpMHRlwVNBVdDspqcOd5qivi3sugHs7wx4eePyuX8E5jeAt9olrA_fGyGccjmSxxk8fAcSFE9n4Gno4O70_aWexa0JmGCMjsBhaujL3zrjKOkaoqWteWibqnFR1QS1nmjJjSu6tE4TqnBtWQ4asQ8eaQrB1NNMf9N0GwoxKqwlzEOM5bkB1vWU256SqSl9IRjYRSbOlTKQUD50tuirVjj2rMMOh16VQod1lATKHE5mXhlDjz9FFWgT1bVsosPh_yu2nFVOgL-ESRPfd4G2oGIckDmLYrX9-eR_Nte-vr9TV-c3lNpqniR6X7KCZ0eub24UYZVTvjffgF-_647M
openUrl ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Exploring+internal+mechanism+of+warrant+in+financial+market+with+a+hybrid+approach&rft.jtitle=Expert+systems+with+applications&rft.au=Chiu%2C+Deng-Yiv&rft.au=Lin%2C+Chin-Ching&rft.date=2008-10-01&rft.issn=0957-4174&rft.volume=35&rft.issue=3&rft.spage=1237&rft.epage=1245&rft_id=info:doi/10.1016%2Fj.eswa.2007.08.051&rft.externalDBID=n%2Fa&rft.externalDocID=10_1016_j_eswa_2007_08_051
thumbnail_l http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=0957-4174&client=summon
thumbnail_m http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=0957-4174&client=summon
thumbnail_s http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=0957-4174&client=summon