Computational intelligence in economics and finance: Carrying on the legacy of Herbert Simon

摘要

This is all editorial guide for the special issue on computational intelligence (CI) in economics and finance. A historical introduction to the background is given. This research paradigm is traced back to Herbert Smion, who, as a founder of artificial intelligence, pioneered the applications of AI to economics. The move from the classical All to CI indicates a continuation of the legacy of Herbert Simon. Computational intelligence has proved to be a constructive foundation for economics. In responding to what Herbert Simon referred as procedural rationality, our Study of bounded rationality has been enriched by bringing autonomous agents into the economic analysis. (C) 2003 Elsevier Inc. All rights reserved.