Evolutionary Algorithms (EAs) are deployed for multi-objective Pareto optimal design of Group Method of Data Handling (GMDH)-type neural networks that have been used for modelling of a complex process (such as explosive cutting process) using some input-output experimental data. In this way, EAs with a new encoding scheme is firstly presented to evolutionary design of the generalized GMDH-type ...

This paper contains a forecasting exercise on 30 time series, ranging on several fields, from economy to ecology. The statistical approach to artificial neural networks modelling developed by the author is compared to linear modelling and to other three well-known neural network modelling procedures: Information Criterion Pruning (ICP), Cross-Validation Pruning (CVP) and Bayesian Regularization...

We expand Nakamura’s (2005) neural network based inflation forecasting experiment to an alternative non-linear model; a Markov switching autoregressive (MS-AR) model. The two non-linear models perform approximately on par and outperform the linear autoregressive model on short forecast horizons of one and two quarters. Furthermore, the MS-AR model is the best performer on longer horizons of thr...

Genetic Algorithm (GA) is deployed for optimal design of configuration involved in GMDH-type neural networks which is used for modelling of centre deflection, hoop strain and thickness strain of explosive forming process. In this way, a new encoding scheme is presented to genetically design the generalized GMDH-type neural networks in which the connectivity configuration in such networks is not...

Value at Risk (VaR) has become the industry standard to measure the market risk. However, the selection of the VaR models is controversial. Simulation Results indicate Historical Simulation has significant positive bias, while GARCH (1,1) has has significant negative bias. Also HS adapts structural change slowly but stable, while GARCH adapts structural break rapidly but less stable. Thus the m...

Neural networks with active neurons which selforganize their structure can use inductive sorting-out GMDH algorithms for their neurons. New threshold type GMDH algorithm with polynomial complexity is developed to decrease computing time in case of large input data sample.

Construction of a system for measuring the brain activity (electroencephalogram (EEG)) and recognising thinking patterns comprises significant challenges, in addition to the noise and distortion present in any measuring technique. One of the most major applications of measuring and understanding EGG is the brain-computer interface (BCI) technology. In this paper, ANNs (feedforward back-prop and...

Central and Eastern Europe countries are in the political and economic transitional process of merging with the European Union. How has foreign investment already transformed these countries’ economic sectors and how will it affect the national economies in terms of capitalization across economic sectors in the near future? Our prime consideration is portfolio investment impact on the dynamics ...