Title :
On the application of subjective learning algorithms in decision-making
Author :
Várlaki, Péter ; Nádai, László
Author_Institution :
Dept. of Math., Szechenyi Istvan Univ., Gyor, Hungary
Abstract :
The paper deals with computation of optimal ratios for capital investment processes using adaptive methods and taking into consideration subjective probabilities, which can ensure regularizing influence on above algorithms. The paper deals with the calculation in two cases: first we take into consideration relatively general conditions of real capital investment situations, while second a more theoretical, but simple and illustrative economic situation.
Keywords :
decision making; investment; learning (artificial intelligence); optimisation; probability; adaptive method; capital investment; decision-making; optimal ratios; subjective learning algorithm; subjective probability; Application software; Automation; Cost function; Decision making; Investments; Mathematics; Production planning; Safety; Stochastic processes; Stock markets;
Conference_Titel :
Computational Cybernetics, 2005. ICCC 2005. IEEE 3rd International Conference on
Print_ISBN :
0-7803-9122-5
DOI :
10.1109/ICCCYB.2005.1511596