Abstract
Economics has been slow to yield to artificial intelligence techniques, although the potential value of these techniques has been recognized repeatedly. This potential is examined in the case of advanced symbolic and visual techniques for qualitatively reasoning about complex dynamic systems. Application of these techniques to the study of dynamic economic systems however requires their adaptation to economics problems so as to take account of the significant contribution that mathematical economics has made to the study of dynamics, especially through exploitation of the idiosyncratic structure of many economic systems. Possible implications of using these techniques in related areas, such econometrics, are outlined as well.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 601-605 |
| Number of pages | 5 |
| Journal | Journal of Economic Dynamics and Control |
| Volume | 20 |
| Issue number | 4 |
| DOIs | |
| State | Published - Apr 1996 |
Keywords
- Artificial intelligence
- Dynamic economics
- Econometrics
- Qualitative economics
- Qualitative reasoning
ASJC Scopus subject areas
- Economics and Econometrics
- Control and Optimization
- Applied Mathematics