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demand. The former learning effect, combined with the latter real-options effect, adversely affect firms' entry decisions and …
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estimation of the parameters in an auxiliary model. The learning scheme employed by the agents belongs to the class of stochastic …
Persistent link: https://www.econbiz.de/10011381034
We study human learning in a individual choice laboratory task called Orange Juice Futures price forecasting (OJF), in …. The 99 subjects each forecast in 480 trials with feedback after each trial. Learning is tracked for each subject fitting … the forecasts to the independent variables in a rolling regression. Results include: (1) learning is fairly consistent in …
Persistent link: https://www.econbiz.de/10014216374
research has not examined whether individual differences in insular sensitivity predict learning to avoid aversive stimuli. In … that in addition to correlating with self-reported anxiety, heightened insular sensitivity may promote learning to avoid …
Persistent link: https://www.econbiz.de/10014191063
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the projected mortality rates. Therefore, we propose an alternative approach the ARIMA processes based on a deep learning …
Persistent link: https://www.econbiz.de/10012015810
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The adaptive learning approach has been fruitfully employed to model the formation of aggregate expectations at the … macroeconomic level, as an alternative to rational expectations. This paper uses adaptive learning to understand, instead, the … sentiment, defined as the degrees of excess optimism and pessimism that cannot be justified by the near-rational learning model …
Persistent link: https://www.econbiz.de/10012226634
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