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What is Expert System

Encyclopedia of Information Science and Technology, Fourth Edition
A program that uses knowledge and inferences to solve problems in a way that experts might.
Published in Chapter:
Applying Artificial Intelligence to Financial Investing
Hayden Wimmer (Georgia Southern University, USA) and Roy Rada (University of Maryland – Baltimore County, USA)
Copyright: © 2018 |Pages: 14
DOI: 10.4018/978-1-5225-2255-3.ch001
Abstract
Artificial intelligence techniques have long been applied to financial investing scenarios to determine market inefficiencies, criteria for credit scoring, and bankruptcy prediction, to name a few. While there are many subfields to artificial intelligence this work seeks to identify the most commonly applied AI techniques to financial investing as appears in academic literature. AI techniques, such as knowledge-based, machine learning, and natural language processing, are integrated into systems that simultaneously address data identification, asset valuation, and risk management. Future trends will continue to integrate hybrid artificial intelligence techniques into financial investing, portfolio optimization, and risk management. The remainder of this article summarizes key contributions of applying AI to financial investing as appears in the academic literature.
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Bayesian Network-Based Decision Support for Pest Management
It is a computer program that uses artificial-intelligence methods to solve problems within a specialized domain that ordinarily requires human expertise.
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Fuzzy Expert System in Agriculture Domain
Expert system is a computer-based program which performs like a human expert in a narrow domain. The components of the expert system are the knowledge base, the database, the inference engine, the explanation facilities and the user interface.
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Applying Artificial Intelligence to Financial Investing
A program that uses knowledge and inferences to solve problems in a way that experts might.
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Automated Interpretation of Key Performance Indicators by Using Rules
A computer program designed to model the problem solving ability of a human expert.
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Design Workshop: Outcomes Models and Prototypes
A computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behavior of a human or an organization.
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Artificial Intelligence and Investing
A program that uses knowledge and inferences to solve problems in a way that experts might
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Angiographic Images Segmentation Techniques
Computer or computer program that can give responses that are similar to those of an expert.
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Rule Engines and Agent-Based Systems
Encodes the knowledge of an expert into the rule set of a rule-based system. When exposed to the same data, the expert system AI will perform in a similar manner to the expert.
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Differential Learning Expert System in Data Management
An expert system is a computer program that simulates the judgment and behavior of a human or an organization that has expert knowledge and experience in a particular field. Typically, such a system contains a knowledge base containing accumulated experience and a set of rules for applying the knowledge base to each particular situation that is described to the program.
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Artificial Intelligence: Current Issues and Applications
The computer program that is designed to imitate human intelligence, skills, and behavior.
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Implementation of Industry 4.0 in Transformation of Medical Device Maintenance Systems
System based on artificial intelligence able to draw conclusions from presented data.
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Development of the User Interface: Re-Coding Homes With User Participation
A computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behavior of a human or an organization.
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Artificial Intelligence
Also known as knowledge based systems, a computer program composed of a knowledge base, often represented as if-then production rules, an inference engine, and a user interface which typically includes an explanation facility to educate users on the decision making process of the expert system.
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Is AI in Your Future?: AI Considerations for Scholarly Publishers
In artificial intelligence, an expert system is a computer system emulating the decision-making ability of a human expert. Expert systems are designed to solve complex problems by reasoning through bodies of knowledge, represented mainly as if–then rules rather than through conventional procedural code.
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History of Artificial Intelligence
A computer program that contains subject-specific knowledge of human experts. Such systems are used for giving advice. Also known as a knowledge-based system.
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The Project Site: Survey Studies and Evaluation of Findings
A computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behavior of a human or an organization.
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Variable Selection by Domain Experts vs. Filter Algorithms for Clinical Predictive Modeling
A computer program that codifies human knowledge and mimics human expertise when solving a problem or making decisions.
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Re-Coding Homes: A Mass Customization Tool to Create Flexibility for Housing Units
A computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behavior of a human or an organization.
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Computer Science in Sport
A computer-aided system developed for the simulation and application of expert knowledge.
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Decision Support Systems and Decision-Making Processes
An IS which provides the stored knowledge of experts to non experts.
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Artificial Intelligence and Investing
A program that uses knowledge and inferences to solve problems in a way that experts might.
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Re-Coding Homes as a Flexible Design Approach for Living Environments
A computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behavior of a human or an organization.
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Android-Based Skin Cancer Recognition System Using Convolutional Neural Network
It is computer software used to solve problems in an information field. The logic of these software; when information is stored in databases and then problems are encountered, it is tried to reach results with inferences made on these databases.
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Genetic Algorithms: Stages of the Study in the Expert System
A computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behavior of a human or an organization.
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Implementation of Different Machine Learning Projects Using Scikit-learn and Tensorflow Frameworks
It is computer software used to solve problems in an information field. The logic of these software; when information is stored in databases and then problems are encountered, it is tried to reach results with inferences made on these databases.
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Conclusion: Re-Coding Homes Project
A computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behavior of a human or an organization.
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Expert Systems
A computer-based system that uses captured human knowledge to solve problems that ordinarily require human experts.
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Digital Manufacturing and the Fifth Industrial Revolution
A use of experts’ knowledge in a form of database by systems to perform decisions. Usually, artificial intelligence is the core of expert systems.
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Artificial Intelligence and K-12: How to Explain?
A computer program to provide capabilities similar to those of a human expert when performing a task.
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