Artificial Neural Systems: A Necessary Tool for Financial Decision Making
Mtenzi F. J. (University of Dar-es-Salaam), Kyaruzi J. J. (University of Dar-es-Salaam)
Download Article | Published On 01/07/1995

Abstract

Artificial Neural Systems (ANS) is a computer program that simulate processes by which human learning and intuition take place. Artificial Neural Systems are well suited to deal with output.In particular,artificial neural systems are most effectively applied to three areas - classification,associative memory and clustering. In that area of financial decision making, some potential applications include assessment of bankruptcy risk, identification of arbitrage opportunities and technical fundamental analysis.

© 2022 The Institute of Finance Management