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.
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| Veröffentlicht | Englisch
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Einrichtung
Abstract / Bemerkung
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.
Stichworte
Deep Learning;
Agent-Based Models;
Estimation;
Meta-modelling;
etace_agent_based_modelling;
etace_WP
Erscheinungsjahr
2016
Serientitel
Working Papers in Economics and Management
Band
02-2016
Seite(n)
19
Urheberrecht / Lizenzen
ISSN
2196-2723
Page URI
https://pub.uni-bielefeld.de/record/2900219
Zitieren
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. doi:10.4119/unibi/2900219
van der Hoog, Sander. 2016. Deep Learning in Agent-Based Models: A Prospectus. Vol. 02-2016. Working Papers in Economics and Management. 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.
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