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Artificial Intelligence, Learning and Computation in Economics and Finance (Hardcover, 1st ed. 2022)
Loot Price: R3,221
Discovery Miles 32 210
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Artificial Intelligence, Learning and Computation in Economics and Finance (Hardcover, 1st ed. 2022)
Series: Understanding Complex Systems
Expected to ship within 12 - 17 working days
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This book presents frontier research on the use of computational
methods to model complex interactions in economics and finance.
Artificial Intelligence, Machine Learning and simulations offer
effective means of analyzing and learning from large as well as new
types of data. These computational tools have permeated various
subfields of economics, finance, and also across different schools
of economic thought. Through 16 chapters written by pioneers in
economics, finance, computer science, psychology, complexity and
statistics/econometrics, the book introduces their original
research and presents the findings they have yielded. Theoretical
and empirical studies featured in this book draw on a variety of
approaches such as agent-based modeling, numerical simulations,
computable economics, as well as employing tools from artificial
intelligence and machine learning algorithms. The use of
computational approaches to perform counterfactual thought
experiments are also introduced, which help transcend the limits
posed by traditional mathematical and statistical tools. The book
also includes discussions on methodology, epistemology, history and
issues concerning prediction, validation, and inference, all of
which have become pertinent with the increasing use of
computational approaches in economic analysis.
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