Economic Modeling Using Artificial Intelligence Methods examines the
application of artificial intelligence methods to model economic data.
Traditionally, economic modeling has been modeled in the linear domain
where the principles of superposition are valid. The application of
artificial intelligence for economic modeling allows for a flexible
multi-order non-linear modeling. In addition, game theory has largely
been applied in economic modeling. However, the inherent limitation of
game theory when dealing with many player games encourages the use of
multi-agent systems for modeling economic phenomena. The artificial
intelligence techniques used to model economic data include:
multi-layer perceptron neural networks radial basis functions support
vector machines rough sets genetic algorithm particle swarm
optimization simulated annealing multi-agent system incremental
learning fuzzy networks Signal processing techniques are explored to
analyze economic data, and these techniques are the time domain
methods, time-frequency domain methods and fractals dimension
approaches. Interesting economic problems such as causality versus
correlation, simulating the stock market, modeling and controling
inflation, option pricing, modeling economic growth as well as
portfolio optimization are examined. The relationship between economic
dependency and interstate conflict is explored, and knowledge on how
economics is useful to foster peace – and vice versa – is
investigated. Economic Modeling Using Artificial Intelligence Methods
deals with the issue of causality in the non-linear domain and applies
the automatic relevance determination, the evidence framework,
Bayesian approach and Granger causality to understand causality and
correlation. Economic Modeling Using Artificial Intelligence Methods
makes an important contribution to the area of econometrics,and is a
valuable source of reference for graduate students, researchers and
financial practitioners.
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Produktdetaljer
ISBN
9781447150107
Publisert
2018
Utgiver
Vendor
Springer
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter