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sriboonchitta songsak (curatore); kreinovich vladik (curatore); yamaka woraphon (curatore) - behavioral predictive modeling in economics

Behavioral Predictive Modeling in Economics

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Dettagli

Genere:Libro
Lingua: Inglese
Editore:

Springer

Pubblicazione: 08/2020
Edizione: 1st ed. 2021





Trama

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. 




Sommario

Introduction.- Behavioral Predictive Modeling in Economics.- Conclusion.










Altre Informazioni

ISBN:

9783030497279

Condizione: Nuovo
Collana: Studies in Computational Intelligence
Dimensioni: 235 x 155 mm Ø 857 gr
Formato: Copertina rigida
Illustration Notes:IX, 451 p. 91 illus., 52 illus. in color.
Pagine Arabe: 451
Pagine Romane: ix


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