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frequently put forward in behavioral economics to justify “psychological” models that add new parameters to fit decision outcome …-axiomatic approach to normative analysis focused on veridical descriptions of decision process and a matching principle – between …-if” utility theory to account for biases and deviations, and substantially more careful observation of successful decision makers …
Persistent link: https://www.econbiz.de/10008756521
obtained for the USA is characterized by A1=4.0, A2=-0.03075, and t1=2 years. It provides a root mean square forecasting error …
Persistent link: https://www.econbiz.de/10005836346
A two-component model for the evolution of real GDP per capita in the USA is presented and tested. The first component … between the growth rate of real GDP per capita and the number of 9-year-olds in the USA is tested for cointegration. For … cointegrating relation. Econometrically, the tests for cointegration show that the deviations of real economic growth in the USA …
Persistent link: https://www.econbiz.de/10005790144