Some Potential Applications of Artificial Neural Systems in Financial Management
Finance, Real Estate, and Business Law
An artificial neural system (ANS) is an artificial-intelligence tool that attempts to simulate the physical process upon which intuition is based--that is, by simulating the process of adaptive biological learning. Theoretically, an ANS is capable of producing a proper response to a given problem (or the best possible response, when more than one response is applicable) even when the information is fuzzy or incomplete, or when no predefined procedure for solving the problem is available. This paper describes some areas of financial management where the artificial neural systems could be very useful.
Journal of Systems Management
(1993). Some Potential Applications of Artificial Neural Systems in Financial Management. Journal of Systems Management, 44(4), 12-15.
Available at: http://aquila.usm.edu/fac_pubs/6457