The optimal multi-layer structure of backpropagation networks

Abstract

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.