Modern approach to modeling of efficiency of financial market based on methods of dynamic programming

Abstract

Note that any process of financial assets' distribution in the financial market is managed, and classic models of financial market efficiency research are not adapted to the managed behavior of any structure within the operation and decision-making processes regarding their expediency (based on prospective efficiency) can be divided into stages. This makes it necessary to turn to dynamic programming models, which are deprived of the disadvantages of classical models. Therefore, the research is oriented toward forming a modern approach to modeling of efficiency of the financial market based on methods of dynamic programming. Within the framework of the study, it is proved that among the processes of financial market efficiency modeling, there is a systematic combination of steps to be taken to study the process of distribution of financial resources between assets and sources for investments.