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Artificial intelligence and economic...
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Hurwitz, Evan.
Artificial intelligence and economic theorySkynet in the market /
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Artificial intelligence and economic theoryby Tshilidzi Marwala, Evan Hurwitz.
其他題名:
Skynet in the market /
作者:
Marwala, Tshilidzi.
其他作者:
Hurwitz, Evan.
出版者:
Cham :Springer International Publishing :2017.
面頁冊數:
xii, 204 p. :ill., digital ;24 cm.
Contained By:
Springer eBooks
標題:
EconomicsComputer simulation.
電子資源:
http://dx.doi.org/10.1007/978-3-319-66104-9
ISBN:
9783319661049$q(electronic bk.)
Artificial intelligence and economic theorySkynet in the market /
Marwala, Tshilidzi.
Artificial intelligence and economic theory
Skynet in the market /[electronic resource] :by Tshilidzi Marwala, Evan Hurwitz. - Cham :Springer International Publishing :2017. - xii, 204 p. :ill., digital ;24 cm. - Advanced information and knowledge processing,1610-3947. - Advanced information and knowledge processing..
Introduction to Man and Machines -- Supply and Demand -- Rational Choice and Rational Expectations -- Bounded Rationality -- Behavioral Economics -- Information Asymmetry -- Game Theory -- Pricing -- Efficient Market Hypothesis -- Mechanism Design -- Portfolio Theory -- Counterfactuals -- Financial Engineering -- Causality -- Future Work -- Appendices -- Index.
This book theoretically and practically updates major economic ideas such as demand and supply, rational choice and expectations, bounded rationality, behavioral economics, information asymmetry, pricing, efficient market hypothesis, game theory, mechanism design, portfolio theory, causality and financial engineering in the age of significant advances in man-machine systems. The advent of artificial intelligence has changed many disciplines such as engineering, social science and economics. Artificial intelligence is a computational technique which is inspired by natural intelligence concepts such as the swarming of birds, the working of the brain and the pathfinding of the ants. Artificial Intelligence and Economic Theory: Skynet in the Market analyses the impact of artificial intelligence on economic theories, a subject that has not been studied. It also introduces new economic theories and these are rational counterfactuals and rational opportunity costs. These ideas are applied to diverse areas such as modelling of the stock market, credit scoring, HIV and interstate conflict. Artificial intelligence ideas used in this book include neural networks, particle swarm optimization, simulated annealing, fuzzy logic and genetic algorithms. It, furthermore, explores ideas in causality including Granger as well as the Pearl causality models.
ISBN: 9783319661049$q(electronic bk.)
Standard No.: 10.1007/978-3-319-66104-9doiSubjects--Topical Terms:
560241
Economics
--Computer simulation.
LC Class. No.: HB143.5
Dewey Class. No.: 330.0113
Artificial intelligence and economic theorySkynet in the market /
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