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This paper introduces AIPlanner, a financial planner based upon deep reinforcement learning. AIPlanner provides an investment and consumption strategy intended to optimize lifetime well-being. The results of AIPlanner are very close to the precise analytical solution, as well as to the precise...
Persistent link: https://www.econbiz.de/10012916210
Financial planning via deep reinforcement learning holds much promise. One implementation, AIPlanner, delivered near optimal financial results, but had a major shortcoming. It required training a separate neural network model for each financial scenario. This paper describes extending AIPlanner...
Persistent link: https://www.econbiz.de/10012844508