Artificial intelligence and economic theory : Skynet in the market /: Skynet in the market. (2017)
- Record Type:
- Book
- Title:
- Artificial intelligence and economic theory : Skynet in the market /: Skynet in the market. (2017)
- Main Title:
- Artificial intelligence and economic theory : Skynet in the market
- Further Information:
- Note: Tshilidzi Marwala, Evan Hurwitz.
- Authors:
- Marwala, Tshilidzi, 1971-
Hurwitz, Evan - Contents:
- Preface; Contents; About the Authors; 1 Introduction to Man and Machines; Abstract; 1.1 Introduction; 1.2 Economics and Economic Theory; 1.3 Artificial Intelligence; 1.4 Conclusion; References; 2 Supply and Demand; Abstract; 2.1 Introduction; 2.2 Scarcity; 2.3 Utilitarianism; 2.4 Supply and Demand; 2.5 Factors Influencing Demand and Supply; 2.6 Artificial Intelligence (AI) and Demand and Supply; 2.7 Conclusion; References; 3 Rational Choice and Rational Expectations; Abstract; 3.1 Introduction; 3.2 Adaptive and Rational Expectations; 3.3 What Is Rational Choice?; 3.4 Information; 3.5 Choices. 3.6 Optimization3.7 Rational Choice; 3.8 Rational Choice and Opportunity Cost; 3.9 Rational Choice and Artificial Intelligence; 3.10 Interstate Conflict and Rational Choice; 3.11 Conclusion; References; 4 Bounded Rationality; Abstract; 4.1 Introduction; 4.2 Rational Decision Making: A Causal Approach; 4.3 Rational Decision Making Process; 4.4 Bounded-Rational Decision Making; 4.5 Credit Scoring; 4.6 Conclusions; References; 5 Behavioral Economics; Abstract; 5.1 Introduction; 5.2 Behavioural Economics; 5.3 Behavioural Economics and Demand and Supply. 5.4 Behavioural Economics and Rational Expectations5.5 Behavioural Economics and Bounded Rationality; 5.6 Artificial Intelligence and Behavioural Economics; 5.7 Moore's Law; 5.8 Conclusions; References; 6 Information Asymmetry; Abstract; 6.1 Introduction; 6.2 Asymmetric Information; 6.3 Artificial Intelligence Makes Us Wiser; 6.4 AsymmetricPreface; Contents; About the Authors; 1 Introduction to Man and Machines; Abstract; 1.1 Introduction; 1.2 Economics and Economic Theory; 1.3 Artificial Intelligence; 1.4 Conclusion; References; 2 Supply and Demand; Abstract; 2.1 Introduction; 2.2 Scarcity; 2.3 Utilitarianism; 2.4 Supply and Demand; 2.5 Factors Influencing Demand and Supply; 2.6 Artificial Intelligence (AI) and Demand and Supply; 2.7 Conclusion; References; 3 Rational Choice and Rational Expectations; Abstract; 3.1 Introduction; 3.2 Adaptive and Rational Expectations; 3.3 What Is Rational Choice?; 3.4 Information; 3.5 Choices. 3.6 Optimization3.7 Rational Choice; 3.8 Rational Choice and Opportunity Cost; 3.9 Rational Choice and Artificial Intelligence; 3.10 Interstate Conflict and Rational Choice; 3.11 Conclusion; References; 4 Bounded Rationality; Abstract; 4.1 Introduction; 4.2 Rational Decision Making: A Causal Approach; 4.3 Rational Decision Making Process; 4.4 Bounded-Rational Decision Making; 4.5 Credit Scoring; 4.6 Conclusions; References; 5 Behavioral Economics; Abstract; 5.1 Introduction; 5.2 Behavioural Economics; 5.3 Behavioural Economics and Demand and Supply. 5.4 Behavioural Economics and Rational Expectations5.5 Behavioural Economics and Bounded Rationality; 5.6 Artificial Intelligence and Behavioural Economics; 5.7 Moore's Law; 5.8 Conclusions; References; 6 Information Asymmetry; Abstract; 6.1 Introduction; 6.2 Asymmetric Information; 6.3 Artificial Intelligence Makes Us Wiser; 6.4 Asymmetric Information and Market Efficiency; 6.5 Information Asymmetry and Trading Volumes; 6.6 Conclusion; References; 7 Game Theory; Abstract; 7.1 Introduction; 7.2 Game-Theory Artefacts; 7.3 Multi-agent Modelling; 7.3.1 Complexity Modelling; 7.3.2 Economics. 7.3.3 Social Sciences7.4 Intelligent Agents; 7.5 The Road Ahead; 7.6 Conclusions; References; 8 Pricing; Abstract; 8.1 Introduction; 8.2 Pricing; 8.3 Value Theory; 8.4 Game Theory; 8.5 Rational Pricing; 8.6 Capital Asset Pricing Model; 8.7 Black-Scholes Equation; 8.8 Demand and Supply; 8.9 Conclusions; References; 9 Efficient Market Hypothesis; Abstract; 9.1 Introduction; 9.2 Efficient Market Hypothesis; 9.3 Rational Expectations; 9.4 Rational Choice; 9.5 Bounded Rationality; 9.6 Information Asymmetry; 9.7 Behavioral Economics; 9.8 Game Theory; 9.9 Demand and Supply; 9.10 Pricing. 9.11 Artificial Intelligence9.12 Conclusions; References; 10 Mechanism Design; Abstract; 10.1 Introduction; 10.2 The Players; 10.3 Efficiency and Equilibria; 10.4 Incentive Compatibility and the Revelation Principle; 10.5 Goalposts; 10.6 So What?; 10.7 Through the Looking Glass; 10.8 Application to Market Design; 10.9 Conclusions; References; 11 Portfolio Theory; Abstract; 11.1 Introduction; 11.2 Assumptions and Limitations; 11.3 The Trading Machine; 11.4 The Emerging Trading Machine; 11.5 Intelligence; 11.6 Evolutionary Programming; 11.7 Results Analysis; 11.8 Conclusion; References. … (more)
- Publisher Details:
- Cham : Springer
- Publication Date:
- 2017
- Extent:
- 1 online resource
- Subjects:
- 330.01/13
Computer science
Economics -- Computer simulation
Economics -- Data processing
Artificial intelligence
BUSINESS & ECONOMICS -- Economics -- General
BUSINESS & ECONOMICS -- Reference
Artificial intelligence
Economics -- Computer simulation
Economics -- Data processing
Computers -- Online Services -- General
Business & Economics -- Economics -- Theory
Computer science
Economic theory & philosophy
Economic theory
Computers -- Intelligence (AI) & Semantics
Artificial intelligence
Electronic books - Languages:
- English
- ISBNs:
- 9783319661049
3319661043 - Related ISBNs:
- 9783319661032
3319661035 - Notes:
- Note: Includes bibliographical references and index.
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- Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
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- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD.DS.349014
- Ingest File:
- 01_305.xml