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provide rigorous support for the practice of pruning that is becoming widespread. Our recursive representation differs from … state consistent with the order of approximation. We compare our algorithm with six different pruning algorithms at second …
Persistent link: https://www.econbiz.de/10010318747
crucial factor in forecasting performance of the trees. While there exists a standard method of tree pruning, which is based … introduces a novel methodology of nonsymmetric tree pruning called Best Node Strategy (BNS). An important property of BNS is … traditional pruning approach by composing two recursive portfolios out of XETRA DAX stocks. Performance forecasts for each of the …
Persistent link: https://www.econbiz.de/10005678028
provide rigorous support for the practice of pruning that is becoming widespread. Our recursive representation differs from … state consistent with the order of approximation. We compare our algorithm with six different pruning algorithms at second …
Persistent link: https://www.econbiz.de/10010648245
-space representation of the second-order solution based on the ‘pruning’ scheme of Kim, Kim, Schaumburg and Sims (2008). By contrast to …
Persistent link: https://www.econbiz.de/10010826318
Persistent link: https://www.econbiz.de/10008925273
-space representation of the second-order solution based on the ‘pruning’ scheme of Kim et al. (J Econ Dyn Control 32 … competitive with the standard particle filter. Use of the pruning scheme distinguishes the filter here from the deterministic …
Persistent link: https://www.econbiz.de/10011155123
-space representation of the second-order solution based on the 'pruning' scheme of Kim, Kim, Schaumburg and Sims (2008). By contrast to …
Persistent link: https://www.econbiz.de/10011186046
) proposed pruning to deal with this challenge for second order approximations. In this paper, we provide a theory of pruning and … formulas for pruning of any order. We relate it to results described by Judd (1998) on perturbing dynamical systems. JEL …
Persistent link: https://www.econbiz.de/10011067241
We present a new approach to the approximation of equilibrium solutions to nonlinear rational expectations models that applies to any order of approximation. The approach relies on a particular version of Taylor series approximations-the differential version-and on a scalar perturbation of the...
Persistent link: https://www.econbiz.de/10011094567
of management complexity in the family firms and the processes related to such complexity, such as succession, pruning …
Persistent link: https://www.econbiz.de/10011065835