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Behavioral Predictive Modeling in Economics

Name: Behavioral Predictive Modeling in Economics
Brand: Springer Nature Switzerland AG
SKU: 9783030497309
Price: 179.89 EUR
Availability: InStock

Autor: Woraphon Yamaka, Vladik Kreinovich

Jazyk:

Väzba: Brožovaná

Vydavateľ: Springer Nature Switzerland AG

Dostupnosť: Skladom u dodávateľa

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179.89 €

This book presents both methodological papers on and examples of applying behavioral predictive mode...

Informácie o knihe

Autor

Woraphon Yamaka, Vladik Kreinovich

Jazyk

Angličtina

Väzba

Kniha - Brožovaná

Vydalo

2021

Stránok

451

EAN

9783030497309

ISBN

3030497305

Enbook ID

36968641

Vydavateľ

Springer Nature Switzerland AG

Hmotnosť

706

Rozmery

155 x 235 x 25

Kompletný popis

This book presents both methodological papers on and examples of applying behavioral predictive models to specific economic problems, with a focus on how to take into account people's behavior when making economic predictions. This is an important issue, since traditional economic models assumed that people make wise economic decisions based on a detailed rational analysis of all the relevant aspects. However, in reality - as Nobel Prize-winning research has shown - people have a limited ability to process information and, as a result, their decisions are not always optimal. Discussing the need for prediction-oriented statistical techniques, since many statistical methods currently used in economics focus more on model fitting and do not always lead to good predictions, the book is a valuable resource for researchers and students interested in the latest results and challenges and for practitioners wanting to learn how to use state-of-the-art techniques.

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Najčastejšie vyhľadávané

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Behavioral Predictive Modeling in Economics

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