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Business Rules is a powerful technology for representing a business policy. It opens the chance to react fast on changes in the market. For example, new pricing strategies can be implemented without a time consuming re-programming of a sales software. The knowledge expressed by rules can be...
Persistent link: https://www.econbiz.de/10010743155
We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information available to the experimental subjects in a simple,...
Persistent link: https://www.econbiz.de/10013200036
We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information available to the experimental subjects in a simple,...
Persistent link: https://www.econbiz.de/10012432206
Although legal informatics is on the periphery of jurisprudence, it can make a significant impact on the centre in respect of legal dogmatics. We believe that the impact from legal informatics can be reached through situational legal visualisation and situational terms, for example, by...
Persistent link: https://www.econbiz.de/10014127890
This paper reviews visualizations in legal informatics. We focus on the transition from traditional rule-based linear textual representation such as “if A then B” to two- and three-dimensional ones and films. A methodology of visualization with the thought pattern of tertium comparationis...
Persistent link: https://www.econbiz.de/10014127892
How will superhuman artificial intelligence (AI) affect human decision making? And what will be the mechanisms behind this effect? We address these questions in a domain where AI already exceeds human performance, analyzing more than 5.8 million move decisions made by professional Go players...
Persistent link: https://www.econbiz.de/10014359079
We introduce a computer program which calculates an agentʼs optimal behavior according to case-based decision theory (Gilboa and Schmeidler, 1995) and use it to test CBDT against a benchmark set of problems from the psychological literature on human classification learning (Shepard et al.,...
Persistent link: https://www.econbiz.de/10011049853
We introduce a computer program which calculates an agent’s optimal behavior according to Case-based Decision Theory (Gilboa and Schmeidler, 1995) and use it to test CBDT against a benchmark set of problems from the psychological literature on human classification learning (Shepard et al.,...
Persistent link: https://www.econbiz.de/10011258337
Klein (2000) advocates the use of the Schur decomposition of a matrix pencil to solve linear rational expectations (RE) models. Meanwhile his algorithm has become a center piece in several computer codes that provide approximate solutions to (non-linear) dynamic stochastic general equilibrium...
Persistent link: https://www.econbiz.de/10010332644
Computer simulators are proving to be indispensable education tools as they enable their users to readily apply theoretical knowledge and to automatically receive immediate feedback, which is invaluable both to learners and to their instructors. Yet at present, there is virtually no publicly...
Persistent link: https://www.econbiz.de/10011635456