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This paper puts forth a concept of Adptivety Rational Equilibrium (A.R.E) where agents base decisions upon predictions of future values of endogenous variables whose actual values are determined by equilibrium equations.
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examined. It is argued that this philosophy is not able to transform econometrics from `alchemy' to `science'. …
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The purpose of this thesis was to study the reliability and the accuracy of GPS positioning in Palm Beach and Broward counties.
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