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  -

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