This paper investigates the notion of an "expert system," including key characteristics, such as the use of rules and uncertainty representations. The paper also reviews some of the issues associated with the development of expert systems, such as knowledge acquisition, verification and...

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)...

We drew upon findings from the diffusion literature to assess the prospects for the diffusion of expert systems in forecasting. Forecasters judged potential adoption of expert systems in relation to two techniques that had been widely adopted in the past, Box-Jenkins and scenarios. They also...

List of Figures -- Preface -- Acknowledgments -- SECTION I: The Changing Marketing World -- 1 The Marketing Data Explosion: The Promise and the Reality -- 2 A Necessary Transition -- SECTION II: Knowledge-Based Systems -- 3 An Introduction to Knowledge Systems -- 4 Expert Systems in Marketing....

This open access book covers the use of data science, including advanced machine learning, big data analytics, Semantic Web technologies, natural language processing, social media analysis, time series analysis, among others, for applications in economics and finance. In addition, it shows some...