Showing 1 - 10 of 16
This study seeks to construct a basic reinforcement learning-based AI-macroeconomic simulator. We use a deep RL (DRL) approach (DDPG) in an RBC macroeconomic model. We set up two learning scenarios, one of which is deterministic without the technological shock and the other is stochastic. The...
Persistent link: https://www.econbiz.de/10014256874
The application of Deep Reinforcement Learning (DRL) in economics has been an area of active research in recent years. A number of recent works have shown how deep reinforcement learning can be used to study a variety of economic problems, including optimal policy-making, game theory, and...
Persistent link: https://www.econbiz.de/10015059901
This study seeks to construct a basic reinforcement learning-based AI-macroeconomic simulator. We use a deep RL (DRL) approach (DDPG) in an RBC macroeconomic model. We set up two learning scenarios, one of which is deterministic without the technological shock and the other is stochastic. The...
Persistent link: https://www.econbiz.de/10015059665
Persistent link: https://www.econbiz.de/10009616458
In this study we introduce and apply a set of machine learning and artificial intelligence techniques to analyze multi-dimensional fragility-related data. Our analysis of the fragility data collected by the OECD for its States of Fragility index showed that the use of such techniques could...
Persistent link: https://www.econbiz.de/10015059167
Learning from the past is critical for shaping the future, especially when it comes to economic policymaking. Building upon the current methods in the application of Reinforcement Learning (RL) to the large language models (LLMs), this paper introduces Reinforcement Learning from Experience...
Persistent link: https://www.econbiz.de/10015080332
Persistent link: https://www.econbiz.de/10010208921
Persistent link: https://www.econbiz.de/10011792980
<p>Through a privatisation scheme called the "Justice Shares Plan," the Iranian government has privatised many state-owned companies via dividing and distributing shares among low-income families. This study explains and evaluates the government’s plan from different aspects. The findings...</p>
Persistent link: https://www.econbiz.de/10009645171
Persistent link: https://www.econbiz.de/10010141571