Institutional Repository
Technical University of Crete
EN  |  EL

Search

Browse

My Space

New technology in shopping: forecasting electronic shopping with the use of a neuro-fuzzy system

Atsalakis Georgios

Full record


URI: http://purl.tuc.gr/dl/dias/7BC7D3AF-6001-4EDB-A963-FAF779931EC0
Year 2017
Type of Item Peer-Reviewed Journal Publication
License
Details
Bibliographic Citation G. Atsalakis, "New technology in shopping: forecasting electronic shopping with the use of a neuro-fuzzy system," J. Food Prod. Market., vol. 23, no. 5, pp. 522-532, Jul. 2017. doi: 10.1080/10454446.2014.1000445 https://doi.org/10.1080/10454446.2014.1000445
Appears in Collections

Summary

This article presents the application of neuro-fuzzy techniques in forecasting a new technology in shopping. Neural networks have been used successfully to forecast time series due to their significant properties of treating nonlinear data with self-learning capability. However, neural networks suffer the difficulty of dealing with qualitative information and the “black box” syndrome that more or less limits their applications in practice. To overcome the drawbacks of neural networks, in this study, we proposed a fuzzy neural network that is a class of adaptive networks functionally equivalent to a fuzzy inference system. The results derived from the experiment based on electronic sales indicated that the suggested fuzzy neural network could be an efficient system to forecast a new technology in shopping. Experimental results also show that the neuro-fuzzy approach outperforms the other two conventional models (AR and ARMA).

Services

Statistics