Deep Learning in Agent-Based Models: A Prospectus

van der Hoog S (2016) Working Papers in Economics and Management; 02-2016.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.

Download
OA 272.50 KB
Working Paper | Published | English
Abstract
A very timely issue for economic agent-based models (ABMs) is their empirical estimation. This paper describes a line of research that could resolve the issue by using machine learning techniques, using multi-layer artificial neural networks (ANNs), or so called Deep Nets. The seminal contribution by Hinton et al. (2006) introduced a fast and efficient training algorithm called Deep Learning, and there have been major breakthroughs in machine learning ever since. Economics has not yet benefited from these developments, and therefore we believe that now is the right time to apply Deep Learning and multi-layered neural networks to agent-based models in economics.
Publishing Year
ISSN
PUB-ID

Cite this

van der Hoog S. Deep Learning in Agent-Based Models: A Prospectus. Working Papers in Economics and Management. Vol 02-2016. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2016.
van der Hoog, S. (2016). Deep Learning in Agent-Based Models: A Prospectus (Working Papers in Economics and Management, 02-2016). Bielefeld: Bielefeld University, Department of Business Administration and Economics.
van der Hoog, S. (2016). Deep Learning in Agent-Based Models: A Prospectus. Working Papers in Economics and Management, 02-2016, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
van der Hoog, S., 2016. Deep Learning in Agent-Based Models: A Prospectus, Working Papers in Economics and Management, no.02-2016, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
S. van der Hoog, Deep Learning in Agent-Based Models: A Prospectus, Working Papers in Economics and Management, vol. 02-2016, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2016.
van der Hoog, S.: Deep Learning in Agent-Based Models: A Prospectus. Working Papers in Economics and Management, 02-2016. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2016).
van der Hoog, Sander. Deep Learning in Agent-Based Models: A Prospectus. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2016. Working Papers in Economics and Management. 02-2016.
All files available under the following license(s):
Creative Commons License:
CC-BY-SA
Creative Commons Attribution-ShareAlike 4.0 International Public License (CC BY-SA 4.0)
Main File(s)
Access Level
OA Open Access
Last Uploaded
2017-12-07T12:23:07Z

This data publication is cited in the following publications:
This publication cites the following data publications:

Export

0 Marked Publications

Open Data PUB

Search this title in

Google Scholar