Year
2000
Abstract
The design and topology of a neural network is still an important and difficult task. To solve the problems of topology posed by the introduction of connexionism, new approaches are proposed, and specially a combination of induction rules with a statistical estimation of the neuron coefficients for each layer. This research aims of comparing an algorithm of this SLN approach with traditional methods (regression and classical BP neural networks) using the gradient method. Methods are put into application to determine the price-quality relationship of a complex product, the automobile, according to the hedonic price model. This application on the price-quality relationship for the English automobile market leads to the conclusion that the claimed superiority of this approach is unsubstantiated since, compared to BP Neural network and even linear regression, the performance of the GMDH method is inferior.
DESMET, P. (2000). Relative Performance of the Statistical Learning Network: An Application of the Price-quality Relationship in the Automobile. European Journal of Economic and Social Systems, pp. 69-79.