This site has been permanently archived. This is a static copy provided by the University of Southampton.
TY - UNPB
N1 - JEL Classification : L1, D92, D4, C63
ID - cogprints3865
UR - http://cogprints.org/3865/
A1 - Yildizoglu, Murat
TI - Connecting adaptive behaviour and expectations in models of innovation: The Potential Role of Artificial Neural Networks
Y1 - 2001///
N2 - In this methodological work I explore the possibility of explicitly modelling expectations conditioning the R&D decisions of firms. In order to isolate this problem from the controversies of cognitive science, I propose a black box strategy through the concept of ?internal model?. The last part of the article uses artificial neural networks to model the expectations of firms in a model of industry dynamics based on Nelson & Winter (1982).
AV - public
KW - Bounded rationality
KW - Learning
KW - Genetic Algorithms
KW - Artificial Neural Networks
KW - Industrial Dynamics
KW - Innovation
ER -