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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 …
Persistent link: https://www.econbiz.de/10013001296
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...
Persistent link: https://www.econbiz.de/10012935981
information about the state of a project, which workers have, in order to make a state-dependent decision. Workers can potentially …
Persistent link: https://www.econbiz.de/10012849972
Intro -- FINANCIAL FORECASTING AND DECISION MAKING -- TABLE OF CONTENTS -- Chapter 1 FORECASTING PREREQUISITES … Method -- KNOWLEDGE CHECK -- Forecasting the Balance Sheet: An Example -- Using the Projected Balance Sheet for Decision … Making: Capital Structure Decision -- Methods of Financing EFN -- EXTERNAL SOURCES -- INTERNAL SOURCES -- Using the Projected …
Persistent link: https://www.econbiz.de/10012684208
Accounting often is referred to as "the language of business"; unfortunately, many business professionals lack the fluency in this unique language required to perform basic nancial analysis, prepare budgetary forecasts, or compare competing capital investment alternatives. While there is no...
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This paper presents a new approach to solve dynamic decision models in economics. The proposed procedure, called … Nonlinear Model Predictive Control (NMPC), relies on the iterative solution of optimal control problems on finite time horizons …, extensions to more general optimal control problems including those appearing in economic applications have been investigated …
Persistent link: https://www.econbiz.de/10013035785