THE APPLICATION OF NN TO MANAGEMENT PROBLEMS

This chapter attempts to make available to the reader the main insights into the world of artificial neural networks (ANNs), seen as a generalized mathematical models which emulate human cognition, as well as, highlights several contributions of this statistical methodology trained by the multiple b...

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Veröffentlicht in:Quantitative Modelling In Marketing And Management S. 151 - 222
Hauptverfasser: Coelho, Arnaldo, Moutinho, Luiz, Hutcheson, Graeme D, Santos Silva, Maria Manuela
Format: Buchkapitel
Sprache:Englisch
Veröffentlicht: WORLD SCIENTIFIC 01.12.2012
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ISBN:9789814407724, 9814407712, 9789814407717, 9814407720, 9789814407731, 9814407739
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Zusammenfassung:This chapter attempts to make available to the reader the main insights into the world of artificial neural networks (ANNs), seen as a generalized mathematical models which emulate human cognition, as well as, highlights several contributions of this statistical methodology trained by the multiple backpropagation algorithm in the management field. Artificial neural networks are pattern recognition algorithms capable of capturing salient features from a set of inputs and map them to outputs without making a priori assumptions about the specific nature of the relationships. It was shown that ANN modelling demonstrates good capacity to provide additional explanations to the different investigation problems, namely, giving the opportunity to identify new and different linkages between the variables in the models. At the same time, this modelling can be faced as a new departure in the search of new solutions, giving insights to the use of other modelling tools, like SEM and others, which have a more confirmatory naure.
ISBN:9789814407724
9814407712
9789814407717
9814407720
9789814407731
9814407739
DOI:10.1142/9789814407724_0007