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- W2056443628 abstract "Economists have traditionally undertaken mathematical analysis of policy alternatives prior to their implementation. To fully understand the potential impact of policy, market participants must understand both the microeconomic operating rules of the market and the likely policy choices of the competitors. Typically, policy choices depend upon specific quantitative measures, the specific market environment, and participant heuristics. To succesfully model the market interactions and outcomes, one needs to capture not only the quantitative aspects of the policy but also necessary qualitative heuristic information. A tool which can enable such modelling is expert systems. In this paper we explore modelling the microeconomic environment as a network of expert systems. The rules of the market are modelled as one expert system. Other expert systems model quantitative and heuristiv policy implementation rules of market participants." @default.
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- W2056443628 date "1990-05-01" @default.
- W2056443628 modified "2023-10-16" @default.
- W2056443628 title "A networked expert system framework for economic policy analysis" @default.
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- W2056443628 doi "https://doi.org/10.1016/0165-1889(90)90017-b" @default.
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