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We live in the plastic age (the "plasticene"), producing over 300 million tonnes (mt) of plastic every year globally, 5–15 mt of which flow into already polluted oceans. Plastic remains a key material in the global economy, but low rates of collection, reuse and recycling, emissions of...
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emulate and assist human decision-making, they need to be context sensitive. Most prior research applying neural networks to … trading decision support systems neglected to extract contextual cues, rendering the systems blind to market conditions. This … ARTMAP may represent a new tool with which to assist in financial decision-making and to explore life-like context …
Persistent link: https://www.econbiz.de/10013123139
We examine how conditionality inherent to the real-life observable data influences our forecasting and decision … decision-making by analyzing examples ranging from logic puzzles to asset pricing and model-based forecasting. Across many … decision-making …
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A basic problem in empirical economics involves using data from one domain to make out-of-sample predictions for a different, but related environment. When the choice data are binary, a canonical method for making these types of predictions is the logistic choice model. This paper investigates...
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The term economic diplomacy has established itself in the Croatian sources as an umbrella term for all the activities of the national state to protect and promote its own economic interests in the international environment. Under the broader concept of economic diplomacy we distinguish the...
Persistent link: https://www.econbiz.de/10013002211
information about the state of a project, which workers have, in order to make a state-dependent decision. Workers can potentially …
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In some contexts, an individual's choice to mimic the behavior of others, to join the herd, can increase systemic risk and retard the production of information. Herding can thus produce negative externalities. And in such situations, individuals by definition have insufficient incentives to...
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