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Introduction to Expert Systems, Fuzzy Logic, Neural Networks, and Chaos Theory
Abstract
The power of genetic algorithms (GAs) and related expert systems such as fuzzy logic, neural networks, and chaos theory and other classifier systems is truly infinite in nature. The above stated procedures are sure to happen in the near future, and there is no chance for it not to occur. GAs, fuzzy logic, neural networks, and chaos theory are all biologically-inspired algorithmic procedures, as they all are linked to the world of biology in some way. Market represents the ideas of traders. In the present environment, the market is driven by the ideas generated by the use of these AI-based expert systems and it is causing huge competition in making profits. This chapter is planned to be a detailed introduction of various popular expert systems such as GAs, neural networks, fuzzy logic, and chaos theory and their usages. Researchers in the past have proved that these computational procedures could have far reaching effects in the stock trading system.
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