An Expert System for Financial Planners

Abstract

Expert systems are computer programs which attempt to simulate the thought process of an expert in a particular field. In particular, the programs attempt to use the same rules of logic that an individual would. This paper describes an expert system for the financial planning field. First, characteristics of expert systems in general are discussed. Second, the specifics of this particular system are examined. Last, the pedagogical benefits of students’ development of expert systems are investigated.