Electronic Resource

Behavioral Predictive Modeling in Economics

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Penilaian

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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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Availability

Inventory Code	Barcode	Call Number	Location	Status
1908000476	EB0000976	330.0151 95 Beh	Central Library (OPAC)	Available

Detail Information

Series Title

Studies in Computational Intelligence

Call Number

330.0151 95 Beh

Publisher

Switzerland : Springer Cham., 2020

Collation

IX, 451p.:Ill

Language

English

ISBN/ISSN

978-3-030-49728-6

Classification

330.0151 95

Content Type

Ebook

Media Type

-

Carrier Type

online resource

Edition

-

Subject(s)

Econometrics

Specific Detail Info

-

Statement of Responsibility

BRF

Other version/related

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