Artificial Intelligence in Economics and Finance Theories - Couverture souple

Moloi, Tankiso; Marwala, Tshilidzi

9783030429645: Artificial Intelligence in Economics and Finance Theories

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ISBN 10 : 3030429644 ISBN 13 : 9783030429645

Editeur : Springer, 2021

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As Artificial Intelligence (AI) seizes all aspects of human life, there is a fundamental shift in the way in which humans are thinking of and doing things. Ordinarily, humans have relied on economics and finance theories to make sense of, and predict concepts such as comparative advantage, long run economic growth, lack or distortion of information and failures, role of labour as a factor of production and the decision making process for the purpose of allocating resources among other theories. Of interest though is that literature has not attempted to utilize these advances in technology in order to modernize economic and finance theories that are fundamental in the decision making process for the purpose of allocating scarce resources among other things. With the simulated intelligence in machines, which allows machines to act like humans and to some extent even anticipate events better than humans, thanks to their ability to handle massive data sets, this book will use artificialintelligence to explain what these economic and finance theories mean in the context of the agent wanting to make a decision.

The main feature of finance and economic theories is that they try to eliminate the effects of uncertainties by attempting to bring the future to the present. The fundamentals of this statement is deeply rooted in risk and risk management. In behavioural sciences, economics as a discipline has always provided a well-established foundation for understanding uncertainties and what this means for decision making. Finance and economics have done this through different models which attempt to predict the future. On its part, risk management attempts to hedge or mitigate these uncertainties in order for “the planner” to reach the favourable outcome. This book focuses on how AI is to redefine certain important economic and financial theories that are specifically used for the purpose of eliminating uncertainties so as to allow agents to make informed decisions. In effect, certain aspects of finance and economic theories cannot be understood in their entirety without the incorporation of AI.

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�diteurSpringer
Date d'�dition2021
ISBN 10 3030429644
ISBN 13 9783030429645
ReliureBroch�
Langueanglais
Nombre de pages136
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9783030429614: Artificial Intelligence in Economics and Finance Theories

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Editeur : Springer, 2020
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Artificial Intelligence in Economics and Finance Theories

Tankiso Moloi|Tshilidzi Marwala

Edit� par Springer International Publishing, 2021

ISBN 10 : 3030429644 ISBN 13 : 9783030429645

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Kartoniert / Broschiert. Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Broadens your understanding of how AI is to redefine certain aspects of economic and finance theoriesEquips readers to understand how finance and economic decisions will be made as AI advancesExplains how the selected economic and finance. N� de r�f. du vendeur 463820207

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Artificial Intelligence in Economics and Finance Theories

Tankiso Moloi

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Moloi, Tankiso; Marwala, Tshilidzi

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Artificial Intelligence in Economics and Finance Theories

Moloi, Tankiso; Marwala, Tshilidzi

Edit� par Springer, 2021

ISBN 10 : 3030429644 ISBN 13 : 9783030429645

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Artificial Intelligence in Economics and Finance Theories

Tshilidzi Marwala

Edit� par Springer International Publishing, 2021

ISBN 10 : 3030429644 ISBN 13 : 9783030429645

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Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - As Artificial Intelligence (AI) seizes all aspects of human life, there is a fundamental shift in the way in which humans are thinking of and doing things. Ordinarily, humans have relied on economics and finance theories to make sense of, and predict concepts such as comparative advantage, long run economic growth, lack or distortion of information and failures, role of labour as a factor of production and the decision making process for the purpose of allocating resources among other theories. Of interest though is that literature has not attempted to utilize these advances in technology in order to modernize economic and finance theories that are fundamental in the decision making process for the purpose of allocating scarce resources among other things. With the simulated intelligence in machines, which allows machines to act like humans and to some extent even anticipate events better than humans, thanks to their ability to handle massive data sets, this book will use artificialintelligence to explain what these economic and finance theories mean in the context of the agent wanting to make a decision.The main feature of finance and economic theories is that they try to eliminate the effects of uncertainties by attempting to bring the future to the present. The fundamentals of this statement is deeply rooted in risk and risk management. In behavioural sciences, economics as a discipline has always provided a well-established foundation for understanding uncertainties and what this means for decision making. Finance and economics have done this through different models which attempt to predict the future. On its part, risk management attempts to hedge or mitigate these uncertainties in order for 'the planner' to reach the favourable outcome. This book focuses on how AI is to redefine certain important economic and financial theories that are specifically used for the purpose of eliminating uncertainties so as to allow agents to make informed decisions. In effect, certain aspects of finance and economic theories cannot be understood in their entirety without the incorporation of AI. N� de r�f. du vendeur 9783030429645

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Artificial Intelligence in Economics and Finance Theories

Tshilidzi Marwala

Edit� par Springer International Publishing Mai 2021, 2021

ISBN 10 : 3030429644 ISBN 13 : 9783030429645

Neuf Taschenbuch

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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -As Artificial Intelligence (AI) seizes all aspects of human life, there is a fundamental shift in the way in which humans are thinking of and doing things. Ordinarily, humans have relied on economics and finance theories to make sense of, and predict concepts such as comparative advantage, long run economic growth, lack or distortion of information and failures, role of labour as a factor of production and the decision making process for the purpose of allocating resources among other theories. Of interest though is that literature has not attempted to utilize these advances in technology in order to modernize economic and finance theories that are fundamental in the decision making process for the purpose of allocating scarce resources among other things. With the simulated intelligence in machines, which allows machines to act like humans and to some extent even anticipate events better than humans, thanks to their ability to handle massive data sets, this book will use artificialintelligence to explain what these economic and finance theories mean in the context of the agent wanting to make a decision.The main feature of finance and economic theories is that they try to eliminate the effects of uncertainties by attempting to bring the future to the present. The fundamentals of this statement is deeply rooted in risk and risk management. In behavioural sciences, economics as a discipline has always provided a well-established foundation for understanding uncertainties and what this means for decision making. Finance and economics have done this through different models which attempt to predict the future. On its part, risk management attempts to hedge or mitigate these uncertainties in order for 'the planner' to reach the favourable outcome. This book focuses on how AI is to redefine certain important economic and financial theories that are specifically used for the purpose of eliminating uncertainties so as to allow agents to make informed decisions. In effect, certain aspects of finance and economic theories cannot be understood in their entirety without the incorporation of AI. 136 pp. Englisch. N� de r�f. du vendeur 9783030429645

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