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Civil unrest is a powerful form of collective human dynamics, which has led to major transitions of societies in modern history. The study of collective human dynamics, including collective aggression, has been the focus of much discussion in the context of modeling and identification of...
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Measuring bias is important as it helps identify flaws in quantitative forecasting methods or judgmental forecasts. It can, therefore, potentially help improve forecasts. Despite this, bias tends to be under represented in the literature: many studies focus solely on measuring accuracy. Methods...
Persistent link: https://www.econbiz.de/10013314570
Erkenntnis einer umfangreichen Retrospektive zur Theorie der Währungskrisen. Mit Hilfe der Computer-Software SPSS 12.0.1 und …
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best decision to be taken considering a regret theory approach. A challenge for corruption in the decision- making process … illustrate the difference between a typical decision theory approach and regret theory …
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Can wars be forecasted? A central difficulty is that warnings of a looming war tomorrow are likely to affect behavior today. Whether decision-makers attempt to prevent its onset or to hasten it, the initial forecast will no longer hold. Predictable conflicts will therefore tend not to occur, and...
Persistent link: https://www.econbiz.de/10013014548
We have developed a quantitative indicator to predict if and when a series of protests in China, such as the one that began in Hong Kong in 2019, will be met with a Tiananmen-like crackdown. The indicator takes as input protest-related articles published in the People's Daily—the official...
Persistent link: https://www.econbiz.de/10012840487
Assume in a 2-person game that one player, Predictor (P), does not have a dominant strategy but can predict with probability p 1/2 the strategy choice of an opponent, Predictee (Q). Q chooses a strategy that maximizes her expected payoff, given that she knows p—but not P's prediction—and...
Persistent link: https://www.econbiz.de/10012960726