Showing 1 - 10 of 196
Investors systematically deviate from rationality when making financial decisions, yet the mechanisms responsible for these deviations have not been identified. Using event-related fMRI, we examined whether anticipatory neural activity would predict optimal and suboptimal choices in a financial...
Persistent link: https://www.econbiz.de/10005556666
In the Domain of Development Economics, Productivity is represented by Output to Input Ratio & Management Decisions related to the Inputs and Outputs ensures to keep this ratio in a favourable condition. When this is integrated with a Broad-Scope of Socio-Economic Development (SED). Qualitative...
Persistent link: https://www.econbiz.de/10005077079
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
The current population in the World has grown beyond the Break-even level of the food supplies, water, clothing and shelter. Techno- commercial systems are also within the utility of developed nations, but beyond the infrastructure and mental orientation of the Developing and Under Developed...
Persistent link: https://www.econbiz.de/10005119190
Human brain has invented the Computer&upgraded it to a level of Combrains. With Artificial Chemical Memory, these may grow to function as independent Iintellects, Master/Sponsor representatives and self- decision workers with autonomy&supreme capability. Like any human society learn and function...
Persistent link: https://www.econbiz.de/10005118844
In many research contexts it is necessary to group experimental subjects into behavioral “types.” Usually, this is done by pre-specifying a set of candidate decision-making heuristics and then assigning each subject to the heuristic that best describes his/her behavior. Such approaches might...
Persistent link: https://www.econbiz.de/10005062723
methodology of Gode and Sunder (1993, 1997) and examine the outcomes that obtain when populations of zero-- intelligence (ZI …
Persistent link: https://www.econbiz.de/10005076911
This paper demonstrates that the adaptive learning approach to modelling private sector expectations can be used as an … the two rational expectations equilibria is stable under least-squares learning, and that it is always the low …
Persistent link: https://www.econbiz.de/10005125682
adaptive expectations and partial adjustment mechanisms. The paper demonstrates the difficulty of interpreting distributed lag …
Persistent link: https://www.econbiz.de/10005076678
rational expectations. This paper relaxes the assumption of rational expectations and it allows for learning instead. Economic … agents form expectations from simple models and update the parameters through constant-gain learning. I estimate the model by …
Persistent link: https://www.econbiz.de/10005126467