The aim of this paper is to simulate profit expectations as an emergent property using an agent based model. The paper … builds upon adaptive expectations, interactive expectations and small world networks, combining them into a single adaptive … interactive profit expectations model (AIE). Understanding the diffusion of interactive expectations is aided by using a network …

The aim of this paper is to simulate profit expectations as an emergent property using an agent based model. The paper … builds upon adaptive expectations, interactive expectations and small world networks, combining them into a single adaptive … interactive profit expectations model (AIE). Understanding the diffusion of interactive expectations is aided by using a network …

introduction of model uncertainty into the formation of expectations can account for the regularity. We conjecture that agents … learn in a Bayesian way, using an optimally designed combination of forecasts to form expectations. When these expectations …

The aim of this paper is to simulate profit expectations as an emergent property using an agent based model. The paper … builds upon adaptive expectations, interactive expectations and small world networks, combining them into a single adaptive … interactive profit expectations model (AIE). Understanding the diffusion of interactive expectations is aided by using a network …

This thesis aims to develop an alternative expectations model to the Rational Expectations Hypothesis (REH) and … adaptive-expectations models, which provides more accurate temporal predictive performance and more closely reflects recent … Adaptive Interactive Expectations (AIE), a subjective dynamic model of the process of expectations formation. To REH, the AIE …

question analysed in this paper. In contrast to other studies we use expectations data instead of observable variables …. Therefore we analyse the implicit structural models forecasters have in mind when forming their exchange rate expectations. The … models using the categorical expectations data of the ZEW financial market survey. The expectation variables used to explain …