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Deterministic: Difference between revisions
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{{a|design|}}{{D|Deterministic|/ˌdɪtəːmɪˈnɪstɪk/|n|}} | {{a|design|}}{{D|Deterministic|/ˌdɪtəːmɪˈnɪstɪk/|n|}} | ||
1. (''[[Probability]]''): Of an as-yet unhappened event, having | 1. (''[[Probability]]''): Of an as-yet unhappened event, having a [[probability]] of one. Fully predictable. Given specified criteria, certain. If ''this'', then ''that''. Processable without syntax error by a Turing Machine. | ||
''Compare'' with [[stochastic]] ('' | ''Compare'' with [[stochastic]] (''having a probability less than one'') and [[uncertain]] (''impossible to predict''). | ||
2. (''Valuation'') A [[value]] which can be assessed without any hand-waving appeals to the referee, common-sense, crying out loud, or five leading dealers in the market for the relevant financial instrument. An a solution that any old chump, given instructions in sensible English, could arrive at without the need for another fellow’s opinion. Now you might think the [[Negotiation|negotiation]] of [[Master agreements|standard form trading agreements]] is the sort of thing that one might, by now, have reduced to a set of simple [[deterministic]] rules that even a pocket calculator could follow, but you would be wrong. Just try following the definition of {{csaprov|Valuation Date}} in a {{csaprov|CSA}} if you don’t believe me. <br> | 2. (''Valuation'') A [[value]] which can be assessed without any hand-waving appeals to the referee, common-sense, crying out loud, or five leading dealers in the market for the relevant financial instrument. An a solution that any old chump, given instructions in sensible English, could arrive at without the need for another fellow’s opinion. Now you might think the [[Negotiation|negotiation]] of [[Master agreements|standard form trading agreements]] is the sort of thing that one might, by now, have reduced to a set of simple [[deterministic]] rules that even a pocket calculator could follow, but you would be wrong. Just try following the definition of {{csaprov|Valuation Date}} in a {{csaprov|CSA}} if you don’t believe me. <br> | ||
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*[[Algorithm]] | *[[Algorithm]] | ||
*[[AI]] | *[[AI]] | ||
{{isia}} | *{{isia}} | ||