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This paper constructs the probability space underlying the random variable of any time dependent econometric specification. The construction links concrete economic activity, both perceived and recorded, and econometric formulations. Furthermore, it is argued that the probability events...
Persistent link: https://www.econbiz.de/10005407919
This paper constructs the probability space underlying the random variable of any time dependent econometric specification. The construction links concrete economic activity, both perceived and recorded, and econometric formulations. Furthermore, it is argued that the probability events...
Persistent link: https://www.econbiz.de/10005561047
trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By … bringing together a number of threads within the innovation literature my claim is that consumers, akin to firms, follow …
Persistent link: https://www.econbiz.de/10005134450
trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By … bringing together a number of threads within the innovation literature my claim is that consumers, akin to firms, follow …
Persistent link: https://www.econbiz.de/10005118834