Browsing Economics publications (MU) by Title "Behavioral Foundations for Conditional Markov Models of Aggregate Data"
Now showing items 1-1 of 1
-
Behavioral Foundations for Conditional Markov Models of Aggregate Data
(Department of Economics, 2007)Conditional Markov chain models of observed aggregate share-type data have been used by economic researchers for several years, but the classes of models commonly used in practice are often criticized as being purely ad ...