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  • Conference proceedings
  • © 2019

Structural Changes and their Econometric Modeling

  • Presents recent research on predictive econometrics and big data
  • Introduces readers to the theoretical foundations and applications
  • Written by respected experts in the field
  • Features edited papers presented at the 12th International Conference of the Thailand Econometric Society (TES2019), held in Chiang Mai, Thailand, on January 9–11, 2019

Part of the book series: Studies in Computational Intelligence (SCI, volume 808)

Conference series link(s): TES: International Conference of the Thailand Econometrics Society

Conference proceedings info: TES 2019.

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Table of contents (57 papers)

  1. Front Matter

    Pages i-x
  2. General Theory

    1. Front Matter

      Pages 1-1
    2. The Replacement for Hypothesis Testing

      • William M. Briggs, Hung T. Nguyen, David Trafimow
      Pages 3-17
    3. On Quantum Probability Calculus for Modeling Economic Decisions

      • Hung T. Nguyen, Songsak Sriboonchitta, Nguyen Ngoc Thach
      Pages 18-34
    4. Bayesian Modelling Structural Changes on Housing Price Dynamics

      • Hong Than-Thi, Manh Cuong Dong, Cathy W. S. Chen
      Pages 83-104
    5. Flexible Constructions for Bivariate Copulas Emphasizing Local Dependence

      • Xiaonan Zhu, Qingsong Shan, Suttisak Wisadwongsa, Tonghui Wang
      Pages 138-151
    6. Desired Sample Size for Estimating the Skewness Under Skew Normal Settings

      • Cong Wang, Tonghui Wang, David Trafimow, Hunter A. Myüz
      Pages 152-162
    7. Why the Best Predictive Models Are Often Different from the Best Explanatory Models: A Theoretical Explanation

      • Songsak Sriboonchitta, Luc Longpré, Vladik Kreinovich, Thongchai Dumrongpokaphan
      Pages 163-171
    8. Algorithmic Need for Subcopulas

      • Thach Ngoc Nguyen, Olga Kosheleva, Vladik Kreinovich, Hoang Phuong Nguyen
      Pages 172-181
    9. How to Take Expert Uncertainty into Account: Economic Approach Illustrated by Pavement Engineering Applications

      • Edgar Daniel Rodriguez Velasquez, Carlos M. Chang Albitres, Thach Ngoc Nguyen, Olga Kosheleva, Vladik Kreinovich
      Pages 182-190
    10. Quantum Approach Explains the Need for Expert Knowledge: On the Example of Econometrics

      • Songsak Sriboonchitta, Hung T. Nguyen, Olga Kosheleva, Vladik Kreinovich, Thach Ngoc Nguyen
      Pages 191-199
  3. Applications

    1. Front Matter

      Pages 201-201
    2. Thailand’s Household Income Inequality Revisited: Evidence from Decomposition Approaches

      • Natthaphat Kingnetr, Supanika Leurcharusmee, Songsak Sriboonchitta
      Pages 220-234

Other Volumes

  1. Structural Changes and their Econometric Modeling

About this book

This book focuses on structural changes and economic modeling. It presents papers describing how to model structural changes, as well as those introducing improvements to the existing before-structural-changes models, making it easier to later on combine these models with techniques describing structural changes. The book also includes related theoretical developments and practical applications of the resulting techniques to economic problems.

Most traditional mathematical models of economic processes describe how the corresponding quantities change with time. However, in addition to such relatively smooth numerical changes, economical phenomena often undergo more drastic structural change. Describing such structural changes is not easy, but it is vital if we want to have a more adequate description of economic phenomena – and thus, more accurate and more reliable predictions and a better understanding on how best to influence the economic situation.

Editors and Affiliations

  • Department of Computer Science, University of Texas at El Paso, El Paso, USA

    Vladik Kreinovich

  • Faculty of Economics, Chiang Mai University, Chiang Mai, Thailand

    Songsak Sriboonchitta

Bibliographic Information

Buy it now

Buying options

eBook USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access