Research project in AI in economics. The idea is to use Cognitive modeling, Cognitive architecture, 3D business model and ABM as a research in AI (artificial intelligence) and applying simulation models in predicting of market, economy, and social development and behavior.
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AI in Economics
1. AI in Economics / R&D Department / One of Three LLC 1
ARTIFICIAL INTELLIGENCE (in
economics)
1/25/2012 Research and Development Department @
2. General
2
Cognitive modeling is an area of computer science that deals with simulating human
problem solving and mental task processes in a computerized model. Such a model
can be used to simulate or predict human behavior or performance on tasks similar
to the ones modeled. Cognitive modeling is used in numerous artificial intelligence
(AI) applications, such as expert systems, natural language programming, neural
networks, robotics and virtual reality applications.
In agent-based modeling (ABM), a system is modeled as a collection of autonomous
decision-making entities called agents. Each agent individually assesses its situation
and makes decisions on the basis of a set of rules. Agents may execute various
behaviors appropriate for the system they represent—for example, producing,
consuming, or selling.
AI in Economics / R&D Department / One of Three LLC 1/25/2012
3. The idea is to use Cognitive
modeling, Cognitive
architecture, 3D business model
and ABM as a research in AI
3
(artificial intelligence) and applying
simulation models in predicting of
market, economy, and social
development and behavior.
Idea
AI in Economics / R&D Department / One of Three LLC 1/25/2012
4. Objectives
4
To be able to make a
standard of
computation in
economics
To produce modules
that would make
complex predictions
routine
To be able to render
new markets
To be able to generate
new economies and
system(s)
To be able to create
new systems for
distribution of
resources and
balances of values
AI in Economics / R&D Department / One of Three LLC 1/25/2012
5. 5
Products
Modules for predicting
market behavior
Modules for predicting
economy behavior
Modules for predicting
behavior in
designated
socioeconomic
settings
Modules for generating
new economy
infrastructures,
economies and
systems
AI in Economics / R&D Department / One of Three LLC 1/25/2012
6. Modules for predicting market behavior
6
The idea is to go beyond simple supply and demand or similar equations by bringing
more variables in the model to be able to create intelligent 3D model and complex
simulation of any market thus deciphering its dynamics with greater precision,
covering details that couldn't be seen before, respectively discovering complex
infrastructures and environments.
AI in Economics / R&D Department / One of Three LLC 1/25/2012
7. Modules for predicting economy
7 behavior
These product(s) or modules will be dedicated to analyze or compute the equilibrium
between labor, capital, allocation of resources, basic economic conditions, specific
economic conditions, financial markets and expected results in order to serve:
Crisis solution
Generate new socioeconomic environments
Optimize existing system(s)
Create complex superior system(s)
AI in Economics / R&D Department / One of Three LLC 1/25/2012
8. Modules for predicting behavior in
8
designated socioeconomic settings
These product(s) or modules will be dedicated to analyze or compute the change in
basic and specific economic conditions and its influence on general or specific social
setting, behavior and development. From small groups to global community and their
environments; which would provide thorough understanding of social
engineering, socio-economic conditions, and could even predict path of a human
evolution through mapping complex environments and rendering superior system(s).
AI in Economics / R&D Department / One of Three LLC 1/25/2012
9. Modules for generating new economy
infrastructures, economies and
9
systems
These product(s) or modules will be dedicated to generate new economy
infrastructures and to test in which basic and special conditions new economies
could be generated as well as to analyze their impact on social
behavior, development and environment. Furthermore it will enable to create
complex environments in order to generate superior system(s).
AI in Economics / R&D Department / One of Three LLC 1/25/2012
10. 10 Process
The Variables of each the model will be determined.
The modules will be produced using Agent Based Model or/and Cognitive Model of the
intended system.
The system would be tested for accuracy via VOMAS (Virtual Overlay Multi-Agent
System), which would be developed parallel to the model and modules.
The system would additionally be tested via theorems/theory.
Some modules or part of them would be packaged in the user friendly
interface/application and licensed as a software.
AI in Economics / R&D Department / One of Three LLC 1/25/2012
11. Research (e.g.)
11
Agent-based models have been used since the mid-1990s to solve a variety of
business and technology problems. Examples of applications include supply chain
optimization and logistics, modeling of consumer behavior, including word of mouth,
social network effects, distributed computing, workforce management, and portfolio
management.
AI in Economics / R&D Department / One of Three LLC 1/25/2012
12. Theory Governing dynamics
Dynamical systems
Neuroeconomics
12
Behavioral economics
Fluid dynamics
Chaos theory
String theory
System theory
Quantum entanglement
Entropy
Thermodynamics
...
AI in Economics / R&D Department / One of Three LLC 1/25/2012
13. Business model
13 Licensing
Consulting
All new models that can derive from the research
AI in Economics / R&D Department / One of Three LLC 1/25/2012
14. Biz & Financ plan
14
Biz & financ plan of the project could be retrieved upon a request.
AI in Economics / R&D Department / One of Three LLC 1/25/2012
15. Contact
15
One of three LLC / Jedna od tri d.o.o. /
Ana Soric / MA in Communications / CEO / +385 91 9080666 /
/ CEO@oneofthree.biz / www.oneofthree.biz
AI in Economics / R&D Department / One of Three LLC 1/25/2012