Studies in Computational Intelligence

Behavioral Predictive Modeling in Economics

Editors: Sriboonchitta, Songsak, Kreinovich, Vladik, Yamaka, Woraphon (Eds.)

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  • Presents a state-of-the-art overview of what can be done and what should be done to incorporate behavioral predictive models into econometrics
  • Showcases recently developed behavioral models
  • Written by respected experts in the field
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eBook 96,29 €
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  • ISBN 978-3-030-49728-6
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Hardcover 166,39 €
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  • ISBN 978-3-030-49727-9
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Softcover 124,79 €
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  • ISBN 978-3-030-49730-9
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About this book

This book presents both methodological papers on and examples of applying behavioral predictive models to specific economic problems, with a focus on how to take into account people's behavior when making economic predictions. This is an important issue, since traditional economic models assumed that people make wise economic decisions based on a detailed rational analysis of all the relevant aspects. However, in reality – as Nobel Prize-winning research has shown – people have a limited ability to process information and, as a result, their decisions are not always optimal. Discussing the need for prediction-oriented statistical techniques, since many statistical methods currently used in economics focus more on model fitting and do not always lead to good predictions, the book is a valuable resource for researchers and students interested in the latest results and challenges and for practitioners wanting to learn how to use state-of-the-art techniques. 

Table of contents (29 chapters)

Table of contents (29 chapters)

Buy this book

eBook 96,29 €
price for Spain (gross)
  • ISBN 978-3-030-49728-6
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 166,39 €
price for Spain (gross)
  • ISBN 978-3-030-49727-9
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 124,79 €
price for Spain (gross)
  • ISBN 978-3-030-49730-9
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Behavioral Predictive Modeling in Economics
Editors
  • Songsak Sriboonchitta
  • Vladik Kreinovich
  • Woraphon Yamaka
Series Title
Studies in Computational Intelligence
Series Volume
897
Copyright
2021
Publisher
Springer International Publishing
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-030-49728-6
DOI
10.1007/978-3-030-49728-6
Hardcover ISBN
978-3-030-49727-9
Softcover ISBN
978-3-030-49730-9
Series ISSN
1860-949X
Edition Number
1
Number of Pages
IX, 451
Number of Illustrations
39 b/w illustrations, 52 illustrations in colour
Topics