This chapter emphasizes specific contributions, advantages, and weaknesses of artificial intelligence (AI) techniques various purposes: (1) knowledge-based reasoning that applies heuristic knowledge to make policy search more robust, or to satisfy trading principles in a competitive economy, (2)...

This important book presents new and original work at the frontiers of economics - namely the interface between artificial intelligence (AI) and neoclassical economics. Artificial Intelligence and Economic Analysis focuses on three quite distinct lines of AI orientated research in economics:...