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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Abstract 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.
AbstractList 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.
Author Coelho, Arnaldo
Moutinho, Luiz
Hutcheson, Graeme D
Santos Silva, Maria Manuela
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  givenname: Luiz
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  organization: Manchester University
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  givenname: Maria Manuela
  surname: Santos Silva
  fullname: Santos Silva, Maria Manuela
  email: nelinha@fe.uc.pt
  organization: Faculty of Economics, University of Coimbra, Av. Dias da Silva, 165, 3004–512, Coimbra
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DOI 10.1142/9789814407724_0007
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Moutinho, Luiz
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  organization: Feng Chia University
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Keywords dynamic and managerial capabilities
entrepreneurship
relationship marketing
multiple backpropagation
customer behaviour
Artificial neural networks
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SubjectTerms PART 2. COMPUTER MODELLING
Title THE APPLICATION OF NN TO MANAGEMENT PROBLEMS
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