This important book presents new and original work at the frontiers
of economics - namely the interface between artificial intelligence
(AI) and neoclassical economics.Artificial Intelligence and
Economic Analysis focuses on three quite distinct lines of AI
orientated research in economics: applications intended to extend
neoclassical theory, applications intended to undermine
neoclassical theory and applications which ignore neoclassical
theory in the quest for new modelling techniques and fields of
analysis. The contributors - all of whom are well established in
the field - seek to identify those areas where the science of
artificial intelligence could enrich standard economic analysis. It
includes material from mainstream economists who are willing to
express their own views about the limits of mainstream economic
modelling and AI based economic modelling. The book makes an
important contribution to a new and exciting area of economics
which holds much hope for the future.
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