The optimal multi-layer structure of backpropagation networks

  • Authors:
  • Songyot Sureerattanan;Huynh Ngoc Phien;Nidapan Sureerattanan;Nikos E. Mastorakis

  • Affiliations:
  • Information Technology Department, Bank of Thailand, Bangkok, Thailand;Information Technology Department, Bank of Thailand, Bangkok, Thailand;Information Technology Department, Bank of Thailand, Bangkok, Thailand;Information Technology Department, Bank of Thailand, Bangkok, Thailand

  • Venue:
  • NN'06 Proceedings of the 7th WSEAS International Conference on Neural Networks
  • Year:
  • 2006

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Abstract

A novel algorithm obtained by using Bayesian information criterion (BIC) is presented to systematically choose the optimal multilayer network structure, via the number of hidden layers and hidden nodes of each layer, of backpropagation (BP) networks. Simulation results with daily data on stock prices in the Thai market show that the algorithm performs satisfactorily. Moreover, the proposed algorithm is also compared to Daqi-Shouyi method.