The investment acceleration principle is a heuristic for modelling investment time series out of consumption time series. The model presented herein develops a disaggregated accelerator equation whose coefficients are the weights of a Kohonen neural net that represents firms' decision-making. According to this model, investments take place when managers recognise emerging technological patterns. Furthermore, a technique borrowed from the theory of self-organising systems is used in order to disentangle innovation-driven investments from plant-replication investments.
G. Fioretti (2004). The Investment Acceleration Principle Revisited by means of a Neural Network. NEURAL COMPUTING & APPLICATIONS, 13, 16-23 [10.1007/s00521-004-0398-z].
The Investment Acceleration Principle Revisited by means of a Neural Network.
FIORETTI, GUIDO
2004
Abstract
The investment acceleration principle is a heuristic for modelling investment time series out of consumption time series. The model presented herein develops a disaggregated accelerator equation whose coefficients are the weights of a Kohonen neural net that represents firms' decision-making. According to this model, investments take place when managers recognise emerging technological patterns. Furthermore, a technique borrowed from the theory of self-organising systems is used in order to disentangle innovation-driven investments from plant-replication investments.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
