%A Murat Yildizoglu
%O JEL Classification : L1, D92, D4, C63
%T Connecting adaptive behaviour and expectations in models of innovation: The Potential Role of Artificial Neural Networks
%X 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).
%D 2001
%K Bounded rationality, Learning, Genetic Algorithms, Artificial Neural Networks, Industrial Dynamics, Innovation
%I E3i, IFReDE,GRES
%L cogprints3865

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