Connecting Adaptive Behaviour and Expectations in Models of Innovation : The Potential Role of Artificial Neural Networks

In this methodological work I explore the possibility of explicitly modelling expectations conditioning the R&D decisions of firms. In order to isolate this problem from the controversies of cognitive science, I propose a black box strategy through the concept of internal model. The last part of the article uses artificial neural networks to model the expectations of firms in a model of industry dynamics based on Nelson & Winter (1982)

Year of publication:	2012
Authors:	Yildizoglu, Murat
Publisher:	[S.l.] : SSRN
Subject:	Neuronale Netze \| Neural networks \| Innovation \| Theorie \| Theory

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