scispace - formally typeset
Search or ask a question
Author

Richard G. Palmer

Bio: Richard G. Palmer is an academic researcher from Duke University. The author has contributed to research in topics: Spin glass & Stock market. The author has an hindex of 25, co-authored 54 publications receiving 16773 citations. Previous affiliations of Richard G. Palmer include Santa Fe Institute & University of California, Santa Barbara.


Papers
More filters
Book
01 Jan 1991
TL;DR: This book is a detailed, logically-developed treatment that covers the theory and uses of collective computational networks, including associative memory, feed forward networks, and unsupervised learning.
Abstract: From the Publisher: This book is a comprehensive introduction to the neural network models currently under intensive study for computational applications. It is a detailed, logically-developed treatment that covers the theory and uses of collective computational networks, including associative memory, feed forward networks, and unsupervised learning. It also provides coverage of neural network applications in a variety of problems of both theoretical and practical interest.

7,518 citations

Journal ArticleDOI
TL;DR: In this paper, a class of models for relaxation in strongly interacting glassy materials is suggested, where degrees of freedom are divided into a sequence of levels such that those in level $n+1$ are locked except when some of those inlevel $n$ find the right combination to release them, representing the hierarchy of constraints in real systems.
Abstract: A class of models for relaxation in strongly interacting glassy materials is suggested. Degrees of freedom are divided into a sequence of levels such that those in level $n+1$ are locked except when some of those in level $n$ find the right combination to release them, this representing the hierarchy of constraints in real systems. The Kohlrausch anomalous relaxation law, $\mathrm{exp}[\ensuremath{-}{(\frac{t}{\ensuremath{\tau}})}^{\ensuremath{\beta}}]$, emerges naturally, and a maximum time scale is found which exhibits a Vogel-Fulcher-type temperature dependence.

1,250 citations

Journal ArticleDOI
TL;DR: In this paper, the Sherrmgton-Kirkpatrick model of a spin glass is solved by a mean field technique which is probably exact in the limit of infinite range interactions.
Abstract: The Sherrmgton-Kirkpatrick model of a spin glass is solved by a mean field technique which is probably exact in the limit of infinite range interactions. At and above T c the solution is identical to that obtained by Sherrington and Kirkpatrick (1975) using the n → O replica method, but below T c the new result exhibits several differences and remains physical down to T = 0.

1,107 citations

Book ChapterDOI
TL;DR: In this paper, the authors propose a theory of asset pricing based on heterogeneous agents who continually adapt their expectations to the market that these expectations aggregatively create, and explore the implications of this theory computationally using Santa Fe artificial stock market.
Abstract: This chapter proposes a theory of asset pricing based on heterogeneous agents who continually adapt their expectations to the market that these expectations aggregatively create. It explores the implications of this theory computationally using Santa Fe artificial stock market. Computer experiments with this endogenous-expectations market explain one of the more striking puzzles in finance: that market traders often believe in such concepts as technical trading, "market psychology," and bandwagon effects, while academic theorists believe in market efficiency and a lack of speculative opportunities. Academic theorists and market traders tend to view financial markets in strikingly different ways. Standard (efficient-market) financial theory assumes identical investors who share rational expectations of an asset's future price, and who instantaneously and rationally discount all market information into this price. While a few academics would be willing to assert that the market has a personality or experiences moods, the standard economic view has in recent years begun to change.

929 citations


Cited by
More filters
Book
08 Sep 2000
TL;DR: This book presents dozens of algorithms and implementation examples, all in pseudo-code and suitable for use in real-world, large-scale data mining projects, and provides a comprehensive, practical look at the concepts and techniques you need to get the most out of real business data.
Abstract: The increasing volume of data in modern business and science calls for more complex and sophisticated tools. Although advances in data mining technology have made extensive data collection much easier, it's still always evolving and there is a constant need for new techniques and tools that can help us transform this data into useful information and knowledge. Since the previous edition's publication, great advances have been made in the field of data mining. Not only does the third of edition of Data Mining: Concepts and Techniques continue the tradition of equipping you with an understanding and application of the theory and practice of discovering patterns hidden in large data sets, it also focuses on new, important topics in the field: data warehouses and data cube technology, mining stream, mining social networks, and mining spatial, multimedia and other complex data. Each chapter is a stand-alone guide to a critical topic, presenting proven algorithms and sound implementations ready to be used directly or with strategic modification against live data. This is the resource you need if you want to apply today's most powerful data mining techniques to meet real business challenges. * Presents dozens of algorithms and implementation examples, all in pseudo-code and suitable for use in real-world, large-scale data mining projects. * Addresses advanced topics such as mining object-relational databases, spatial databases, multimedia databases, time-series databases, text databases, the World Wide Web, and applications in several fields. *Provides a comprehensive, practical look at the concepts and techniques you need to get the most out of real business data

23,600 citations

Book
01 Jan 1995
TL;DR: This is the first comprehensive treatment of feed-forward neural networks from the perspective of statistical pattern recognition, and is designed as a text, with over 100 exercises, to benefit anyone involved in the fields of neural computation and pattern recognition.
Abstract: From the Publisher: This is the first comprehensive treatment of feed-forward neural networks from the perspective of statistical pattern recognition. After introducing the basic concepts, the book examines techniques for modelling probability density functions and the properties and merits of the multi-layer perceptron and radial basis function network models. Also covered are various forms of error functions, principal algorithms for error function minimalization, learning and generalization in neural networks, and Bayesian techniques and their applications. Designed as a text, with over 100 exercises, this fully up-to-date work will benefit anyone involved in the fields of neural computation and pattern recognition.

19,056 citations

Journal ArticleDOI
TL;DR: This historical survey compactly summarizes relevant work, much of it from the previous millennium, review deep supervised learning, unsupervised learning, reinforcement learning & evolutionary computation, and indirect search for short programs encoding deep and large networks.

14,635 citations

Journal ArticleDOI
TL;DR: An overview of pattern clustering methods from a statistical pattern recognition perspective is presented, with a goal of providing useful advice and references to fundamental concepts accessible to the broad community of clustering practitioners.
Abstract: Clustering is the unsupervised classification of patterns (observations, data items, or feature vectors) into groups (clusters). The clustering problem has been addressed in many contexts and by researchers in many disciplines; this reflects its broad appeal and usefulness as one of the steps in exploratory data analysis. However, clustering is a difficult problem combinatorially, and differences in assumptions and contexts in different communities has made the transfer of useful generic concepts and methodologies slow to occur. This paper presents an overview of pattern clustering methods from a statistical pattern recognition perspective, with a goal of providing useful advice and references to fundamental concepts accessible to the broad community of clustering practitioners. We present a taxonomy of clustering techniques, and identify cross-cutting themes and recent advances. We also describe some important applications of clustering algorithms such as image segmentation, object recognition, and information retrieval.

14,054 citations

Book ChapterDOI
TL;DR: The chapter discusses two important directions of research to improve learning algorithms: the dynamic node generation, which is used by the cascade correlation algorithm; and designing learning algorithms where the choice of parameters is not an issue.
Abstract: Publisher Summary This chapter provides an account of different neural network architectures for pattern recognition. A neural network consists of several simple processing elements called neurons. Each neuron is connected to some other neurons and possibly to the input nodes. Neural networks provide a simple computing paradigm to perform complex recognition tasks in real time. The chapter categorizes neural networks into three types: single-layer networks, multilayer feedforward networks, and feedback networks. It discusses the gradient descent and the relaxation method as the two underlying mathematical themes for deriving learning algorithms. A lot of research activity is centered on learning algorithms because of their fundamental importance in neural networks. The chapter discusses two important directions of research to improve learning algorithms: the dynamic node generation, which is used by the cascade correlation algorithm; and designing learning algorithms where the choice of parameters is not an issue. It closes with the discussion of performance and implementation issues.

13,033 citations