Kybernetika 43 no. 4, 431-442, 2007

Applications of regime-switching models based on aggregation operators

Jozef Komorník and Magda Komorníková

Abstract:

A synthesis of recent development of regime-switching models based on aggregation operators is presented. It comprises procedures for model specification and identification, parameter estimation and model adequacy testing. Constructions of models for real life data from hydrology and finance are presented.