Applied Computational Intelligence for finance and economics

This article introduces some relevant research works on computational intelligence applied to finance and economics. The objective is to offer an appropriate context and a starting point for those who are new to computational intelligence in finance and economics and to give an overview of the most recent works. A classification with five different main areas is presented. Those areas are related with different applications of the most modern computational intelligence techniques showing a new perspective for approaching finance and economics problems. Each research area is described with several works and applications. Finally, a review of the research works selected for this special issue is given.Publicad

How nouns and verbs differentially affect the behavior of artificial organisms

This paper presents an Artificial Life and Neural Network (ALNN) model for the evolution of syntax. The simulation methodology provides a unifying approach for the study of the evolution of language and its interaction with other behavioral and neural factors. The model uses an object manipulation task to simulate the evolution of language based on a simple verb-noun rule. The analyses of results focus on the interaction between language and other non-linguistic abilities, and on the neural control of linguistic abilities. The model shows that the beneficial effects of language on non-linguistic behavior are explained by the emergence of distinct internal representation patterns for the processing of verbs and nouns

Born to learn: The inspiration, progress, and future of evolved plastic artificial neural networks

Biological plastic neural networks are systems of extraordinary computational capabilities shaped by evolution, development, and lifetime learning. The interplay of these elements leads to the emergence of adaptive behavior and intelligence. Inspired by such intricate natural phenomena, Evolved Plastic Artificial Neural Networks (EPANNs) use simulated evolution in-silico to breed plastic neural networks with a large variety of dynamics, architectures, and plasticity rules: these artificial systems are composed of inputs, outputs, and plastic components that change in response to experiences in an environment. These systems may autonomously discover novel adaptive algorithms, and lead to hypotheses on the emergence of biological adaptation. EPANNs have seen considerable progress over the last two decades. Current scientific and technological advances in artificial neural networks are now setting the conditions for radically new approaches and results. In particular, the limitations of hand-designed networks could be overcome by more flexible and innovative solutions. This paper brings together a variety of inspiring ideas that define the field of EPANNs. The main methods and results are reviewed. Finally, new opportunities and developments are presented

Review of Nature-Inspired Forecast Combination Techniques

Effective and efficient planning in various areas can be significantly supported by forecasting a variable like an economy growth rate or product demand numbers for a future point in time. More than one forecast for the same variable is often available, leading to the question whether one should choose one of the single models or combine several of them to obtain a forecast with improved accuracy. In the almost 40 years of research in the area of forecast combination, an impressive amount of work has been done. This paper reviews forecast combination techniques that are nonlinear and have in some way been inspired by nature