Gebunden. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Presents a state-of-the-art overview of what can be done and what should be done to incorporate behavioral predictive models into econometrics&nbspShowcases recently developed behavioral models&nbsp. Seller Inventory # 448683428

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Behavioral Predictive Modeling in Economics

Sriboonchitta, Songsak (EDT); Kreinovich, Vladik (EDT); Yamaka, Woraphon (EDT)

Published by Springer, 2020

ISBN 10: 3030497275 ISBN 13: 9783030497279

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Behavioral Predictive Modeling in Economics

Songsak Sriboonchitta

Published by Springer International Publishing Aug 2020, 2020

ISBN 10: 3030497275 ISBN 13: 9783030497279

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Buch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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. 464 pp. Englisch. Seller Inventory # 9783030497279

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Behavioral Predictive Modeling in Economics

Sriboonchitta, Songsak (EDT); Kreinovich, Vladik (EDT); Yamaka, Woraphon (EDT)

Published by Springer, 2020

ISBN 10: 3030497275 ISBN 13: 9783030497279

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Behavioral Predictive Modeling in Economics

Songsak Sriboonchitta

Published by Springer International Publishing, 2020

ISBN 10: 3030497275 ISBN 13: 9783030497279

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Seller: AHA-BUCH GmbH, Einbeck, Germany

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Buch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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. Seller Inventory # 9783030497279

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