Neural network libor market model for pricing and hedging interest rate derivatives

dc.contributor.advisorMavuso, Melusi
dc.contributor.authorRobbertze, Yuri
dc.date.accessioned2022-06-27T20:22:24Z
dc.date.available2022-06-27T20:22:24Z
dc.date.issued2022
dc.date.updated2022-06-27T18:34:08Z
dc.description.abstractIn this dissertation, we will introduce a new formulation of variational auto-encoders in order to generate the data we require. Our variational auto-encoder is based on data generation principles from elementary probability i.e. finding the inverse cumulative distribution function and using uniform inputs to generate samples from the distribution. Like all autoencoders, the goal is to reduce the dimensionality in the kernel and use this to describe the data features in the generation. Our formulation will use a kernel which transforms the outputs of the encoder into multi-dimensional uniformly distributed variables, which in turn will learn the cumulative distribution function (in the case of a one dimensional latent space) or the relationship of variables to copula input uniforms (in the case of a multi-dimensional latent space). The decoder will then train to learn the inverse of the encoder and this will then be used to generate data.
dc.identifier.apacitationRobbertze, Y. (2022). <i>Neural network libor market model for pricing and hedging interest rate derivatives</i>. (). ,Faculty of Science ,Department of Statistical Sciences. Retrieved from http://hdl.handle.net/11427/36545en_ZA
dc.identifier.chicagocitationRobbertze, Yuri. <i>"Neural network libor market model for pricing and hedging interest rate derivatives."</i> ., ,Faculty of Science ,Department of Statistical Sciences, 2022. http://hdl.handle.net/11427/36545en_ZA
dc.identifier.citationRobbertze, Y. 2022. Neural network libor market model for pricing and hedging interest rate derivatives. . ,Faculty of Science ,Department of Statistical Sciences. http://hdl.handle.net/11427/36545en_ZA
dc.identifier.ris TY - Master Thesis AU - Robbertze, Yuri AB - In this dissertation, we will introduce a new formulation of variational auto-encoders in order to generate the data we require. Our variational auto-encoder is based on data generation principles from elementary probability i.e. finding the inverse cumulative distribution function and using uniform inputs to generate samples from the distribution. Like all autoencoders, the goal is to reduce the dimensionality in the kernel and use this to describe the data features in the generation. Our formulation will use a kernel which transforms the outputs of the encoder into multi-dimensional uniformly distributed variables, which in turn will learn the cumulative distribution function (in the case of a one dimensional latent space) or the relationship of variables to copula input uniforms (in the case of a multi-dimensional latent space). The decoder will then train to learn the inverse of the encoder and this will then be used to generate data. DA - 2022 DB - OpenUCT DP - University of Cape Town KW - Statistical Sciences LK - https://open.uct.ac.za PY - 2022 T1 - Neural network libor market model for pricing and hedging interest rate derivatives TI - Neural network libor market model for pricing and hedging interest rate derivatives UR - http://hdl.handle.net/11427/36545 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/36545
dc.identifier.vancouvercitationRobbertze Y. Neural network libor market model for pricing and hedging interest rate derivatives. []. ,Faculty of Science ,Department of Statistical Sciences, 2022 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/36545en_ZA
dc.language.rfc3066eng
dc.publisher.departmentDepartment of Statistical Sciences
dc.publisher.facultyFaculty of Science
dc.subjectStatistical Sciences
dc.titleNeural network libor market model for pricing and hedging interest rate derivatives
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationlevelMSc
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