Predictive Behaviour
Gunnar Brennscheidt
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Description for Predictive Behaviour
Paperback. This volume describes a series of laboratory experiments on forecasting behaviour. In all experiments, the time series to be forecasted was generated by an abstract econometric model involving two or three artificial exogeneous variables. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 233 pages, biography. BIC Classification: KCA; KCH. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156 x 13. Weight in Grams: 375.
This book describes a series of laboratory experiments (with a total of 167 independent subjects) on forecasting behavior. In all experiments, the time series to be forecasted was generated by an abstract econometric model involving two or three artificial exogenous variables. This designprovides an optimal background for rational expectations and least-squares learning. As expected, these hypotheses do not explain observed forecasting behavior satisfactorily. Some phenomena related to this lack of rationality are studied: ... Read more
This book describes a series of laboratory experiments (with a total of 167 independent subjects) on forecasting behavior. In all experiments, the time series to be forecasted was generated by an abstract econometric model involving two or three artificial exogenous variables. This designprovides an optimal background for rational expectations and least-squares learning. As expected, these hypotheses do not explain observed forecasting behavior satisfactorily. Some phenomena related to this lack of rationality are studied: ... Read more
Product Details
Format
Paperback
Publication date
1993
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
233
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
227
Place of Publication
Berlin, Germany
ISBN
9783540573111
SKU
V9783540573111
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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