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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.
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.
Reviews how Nobel Prize winning economic ideas are revolutionized by artificial intelligence
Enriches understanding of the financial markets in the age of artificial intelligence
Treats both theoretical and practical aspects of artificial intelligence and economic theory
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.
Erscheinungsjahr: | 2017 |
---|---|
Fachbereich: | Anwendungs-Software |
Genre: | Informatik |
Rubrik: | Naturwissenschaften & Technik |
Medium: | Buch |
Reihe: | Advanced Information and Knowledge Processing |
Inhalt: |
xii
204 S. 67 s/w Illustr. 204 p. 67 illus. |
ISBN-13: | 9783319661032 |
ISBN-10: | 3319661035 |
Sprache: | Englisch |
Herstellernummer: | 978-3-319-66103-2 |
Ausstattung / Beilage: | HC runder Rücken kaschiert |
Einband: | Gebunden |
Autor: |
Hurwitz, Evan
Marwala, Tshilidzi |
Auflage: | 1st ed. 2017 |
Hersteller: |
Springer International Publishing
Springer International Publishing AG Advanced Information and Knowledge Processing |
Maße: | 241 x 160 x 18 mm |
Von/Mit: | Evan Hurwitz (u. a.) |
Erscheinungsdatum: | 25.09.2017 |
Gewicht: | 0,494 kg |
Reviews how Nobel Prize winning economic ideas are revolutionized by artificial intelligence
Enriches understanding of the financial markets in the age of artificial intelligence
Treats both theoretical and practical aspects of artificial intelligence and economic theory
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.
Erscheinungsjahr: | 2017 |
---|---|
Fachbereich: | Anwendungs-Software |
Genre: | Informatik |
Rubrik: | Naturwissenschaften & Technik |
Medium: | Buch |
Reihe: | Advanced Information and Knowledge Processing |
Inhalt: |
xii
204 S. 67 s/w Illustr. 204 p. 67 illus. |
ISBN-13: | 9783319661032 |
ISBN-10: | 3319661035 |
Sprache: | Englisch |
Herstellernummer: | 978-3-319-66103-2 |
Ausstattung / Beilage: | HC runder Rücken kaschiert |
Einband: | Gebunden |
Autor: |
Hurwitz, Evan
Marwala, Tshilidzi |
Auflage: | 1st ed. 2017 |
Hersteller: |
Springer International Publishing
Springer International Publishing AG Advanced Information and Knowledge Processing |
Maße: | 241 x 160 x 18 mm |
Von/Mit: | Evan Hurwitz (u. a.) |
Erscheinungsdatum: | 25.09.2017 |
Gewicht: | 0,494 kg |