Behavioral Predictive Modeling in Economics

Language: English

Published by Springer International Publishing Aug 2021, 2021

3030497305 / 9783030497309

Series: Book 407 of 538 - Studies in Computational Intelligence

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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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 # 9783030497309

Title
Behavioral Predictive Modeling in Economics
Author
Songsak Sriboonchitta
Publisher
Springer International Publishing Aug 2021
Publication year
2021
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3030497305
ISBN 13
9783030497309
Item weight
698 grams
Dimensions
235x155x25 mm
Series
Book 407 of 538: Studies in Computational Intelligence

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

Shipping rates from Germany to U.S.A.

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BuchWeltWeit Ludwig Meier e.K.

Germany