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: Concentration on changes rather than levels,underestimation of changes and overvaluation of volatile exogenous variables. Some learning behavior is observed. Finally, some aspects of individual forecasts such as prominence of "round" number, dispersion, etc.,are studied.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
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: Concentration on changes rather than levels,underestimation of changes and overvaluation of volatile exogenous variables. Some learning behavior is observed. Finally, some aspects of individual forecasts such as prominence of "round" number, dispersion, etc.,are studied.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
Da: GreatBookPrices, Columbia, MD, U.S.A.
Condizione: As New. Unread book in perfect condition. Codice articolo 18715261
Quantità: 15 disponibili
Da: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germania
Taschenbuch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book describes a series of laboratory experiments (witha total of 167 independent subjects) on forecastingbehavior. In all experiments, the time series to beforecasted was generated by an abstract econometric modelinvolving two or three artificial exogenous variables. Thisdesignprovides an optimal background for rationalexpectations and least-squares learning. As expected, thesehypotheses do not explain observed forecasting behaviorsatisfactorily. Some phenomena related to this lack ofrationality are studied: Concentration on changes ratherthan levels,underestimation of changes and overvaluation ofvolatile exogenous variables. Some learning behavior isobserved. Finally, some aspects of individual forecasts suchas prominence of 'round' number, dispersion, etc.,arestudied. 244 pp. Englisch. Codice articolo 9783540573111
Quantità: 2 disponibili
Da: GreatBookPrices, Columbia, MD, U.S.A.
Condizione: New. Codice articolo 18715261-n
Quantità: 15 disponibili
Da: Books Puddle, Woodside, NY, U.S.A.
Condizione: New. pp. 244. Codice articolo 2654506418
Quantità: 4 disponibili
Da: Antiquariat Bookfarm, Löbnitz, Germania
Softcover. Condizione: Gut. 227 S. Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD condition, some traces of use. L07660 3540573119 Sprache: Englisch Gewicht in Gramm: 370. Codice articolo 2531080
Quantità: 1 disponibili
Da: Revaluation Books, Exeter, Regno Unito
Paperback. Condizione: Brand New. 1st edition. 233 pages. 9.25x6.10x0.55 inches. In Stock. Codice articolo x-3540573119
Quantità: 2 disponibili
Da: Majestic Books, Hounslow, Regno Unito
Condizione: New. Print on Demand pp. 244 49:B&W 6.14 x 9.21 in or 234 x 156 mm (Royal 8vo) Perfect Bound on White w/Gloss Lam. Codice articolo 55053421
Quantità: 4 disponibili
Da: Biblios, Frankfurt am main, HESSE, Germania
Condizione: New. PRINT ON DEMAND pp. 244. Codice articolo 1854506424
Quantità: 4 disponibili
Da: moluna, Greven, Germania
Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book describes a series of laboratory experiments (witha total of 167 independent subjects) on forecastingbehavior. In all experiments, the time series to beforecasted was generated by an abstract econometric modelinvolving two or three arti. Codice articolo 4894271
Quantità: Più di 20 disponibili
Da: AHA-BUCH GmbH, Einbeck, Germania
Taschenbuch. Condizione: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book describes a series of laboratory experiments (witha total of 167 independent subjects) on forecastingbehavior. In all experiments, the time series to beforecasted was generated by an abstract econometric modelinvolving two or three artificial exogenous variables. Thisdesignprovides an optimal background for rationalexpectations and least-squares learning. As expected, thesehypotheses do not explain observed forecasting behaviorsatisfactorily. Some phenomena related to this lack ofrationality are studied: Concentration on changes ratherthan levels,underestimation of changes and overvaluation ofvolatile exogenous variables. Some learning behavior isobserved. Finally, some aspects of individual forecasts suchas prominence of 'round' number, dispersion, etc.,arestudied. Codice articolo 9783540573111
Quantità: 1 disponibili