Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122989035> ?p ?o ?g. }
Showing items 1 to 61 of
61
with 100 items per page.
- W3122989035 abstract "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 to simulate the flow of information between firms. The AIE model is tested against a profit expectations survey. The paper introduces “optimal calibration model averaging” and the “pressure to change profit expectations index” (px). Optimal calibration model averaging is an adaptation of “model averaging” to enhance the prediction performance of multiple equilibria models. The px is a subjective measure representing decision making in the face of uncertainty. The paper benchmarks the AIE model against the adaptive expectations model and the rational expectations hypothesis, finding the firms may have adequate memory although the interactive component of AIE model needs improvement. Additionally the paper investigates the efficacy of a tuneable network and equilibrium averaging. Finding the tuneable network produces widely spaced multiple equilibria and the optimal calibration model averaging enhances calibration but not prediction. Further research includes disaggregating the AIE model, using an input–output table to reflect the intensity of interaction between firms of different divisions, and supplementing optimal calibration model averaging with runtime weighted model averaging." @default.
- W3122989035 created "2021-02-01" @default.
- W3122989035 creator A5064386231 @default.
- W3122989035 date "2008-09-26" @default.
- W3122989035 modified "2023-09-27" @default.
- W3122989035 title "Adaptive Interactive Profit Expectations and Small World Networks" @default.
- W3122989035 hasPublicationYear "2008" @default.
- W3122989035 type Work @default.
- W3122989035 sameAs 3122989035 @default.
- W3122989035 citedByCount "0" @default.
- W3122989035 crossrefType "posted-content" @default.
- W3122989035 hasAuthorship W3122989035A5064386231 @default.
- W3122989035 hasConcept C105795698 @default.
- W3122989035 hasConcept C126255220 @default.
- W3122989035 hasConcept C149782125 @default.
- W3122989035 hasConcept C162324750 @default.
- W3122989035 hasConcept C165838908 @default.
- W3122989035 hasConcept C175444787 @default.
- W3122989035 hasConcept C181622380 @default.
- W3122989035 hasConcept C2781147659 @default.
- W3122989035 hasConcept C33923547 @default.
- W3122989035 hasConcept C41008148 @default.
- W3122989035 hasConcept C96016098 @default.
- W3122989035 hasConceptScore W3122989035C105795698 @default.
- W3122989035 hasConceptScore W3122989035C126255220 @default.
- W3122989035 hasConceptScore W3122989035C149782125 @default.
- W3122989035 hasConceptScore W3122989035C162324750 @default.
- W3122989035 hasConceptScore W3122989035C165838908 @default.
- W3122989035 hasConceptScore W3122989035C175444787 @default.
- W3122989035 hasConceptScore W3122989035C181622380 @default.
- W3122989035 hasConceptScore W3122989035C2781147659 @default.
- W3122989035 hasConceptScore W3122989035C33923547 @default.
- W3122989035 hasConceptScore W3122989035C41008148 @default.
- W3122989035 hasConceptScore W3122989035C96016098 @default.
- W3122989035 hasLocation W31229890351 @default.
- W3122989035 hasOpenAccess W3122989035 @default.
- W3122989035 hasPrimaryLocation W31229890351 @default.
- W3122989035 hasRelatedWork W1522764777 @default.
- W3122989035 hasRelatedWork W1594459984 @default.
- W3122989035 hasRelatedWork W1971442578 @default.
- W3122989035 hasRelatedWork W2047360158 @default.
- W3122989035 hasRelatedWork W2070795968 @default.
- W3122989035 hasRelatedWork W2108245028 @default.
- W3122989035 hasRelatedWork W2147954735 @default.
- W3122989035 hasRelatedWork W2148470973 @default.
- W3122989035 hasRelatedWork W2209526709 @default.
- W3122989035 hasRelatedWork W2253166380 @default.
- W3122989035 hasRelatedWork W2289024547 @default.
- W3122989035 hasRelatedWork W2364841895 @default.
- W3122989035 hasRelatedWork W2382435436 @default.
- W3122989035 hasRelatedWork W2504667347 @default.
- W3122989035 hasRelatedWork W2685062592 @default.
- W3122989035 hasRelatedWork W2945726104 @default.
- W3122989035 hasRelatedWork W2952181335 @default.
- W3122989035 hasRelatedWork W3121218784 @default.
- W3122989035 hasRelatedWork W3125726600 @default.
- W3122989035 hasRelatedWork W3143950638 @default.
- W3122989035 isParatext "false" @default.
- W3122989035 isRetracted "false" @default.
- W3122989035 magId "3122989035" @default.
- W3122989035 workType "article" @default.