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Prediction markets show considerable promise
for developing flexible mechanisms for machine
learning. Here, machine learning markets for
multivariate systems are defined, and a utilitybased
framew...
Natural selection with habits and learning in heterogeneous economies
Natural Selection Heterogeneous Equilibrium Diverse Belies Learning Survival Index Catching up with The Jonses
2011/7/4
We study natural selection in complete financial markets, popu-
lated by heterogeneous agents. We allow for a rich structure of heterogeneity:
Individuals may differ in their beliefs concerning the ...
The recent crisis and the following flight to simplicity put most derivative businesses
around the world under considerable pressure. We argue that the traditional mod-
eling techniques must be exte...
Information Theoretic Limits on Learning Stochastic Differential Equations
drift high dimensional vector interaction coefficients
2011/3/31
Consider the problem of learning the drift coefficient of a stochastic differential equation from a sample path. In this paper, we assume that the drift is parametrized by a high dimensional vector.
Instruments, randomization, and learning about development
Instruments randomization learning about development
2014/3/17
There is currently much debate about the effectiveness of foreign aid and about what kind of projects can engender economic development. There is skepticism about the ability of econometric analysis t...
A Tricotomic Examination of the Planning School, Learning School, and Positioning School Relative to Achieving Optimal Financial Performance in Discontinuous Environmental Turbulence Levels
Planning School Learning School Positioning School Ansoff
2010/10/18
We present a synthesis of the general methodologies of the Planning School, Learning School, and the Positioning School of strategic formulation which are the most commonly used by academia, research ...
The learning effects of brands: Determined through Markovian analysis of brand switching
Learning effects Markovian analysis
2010/10/18
It is the learning effect that gives rise to brand loyalty for a repeat purchase product and is an important consideration in today’s competitive market. This paper aims at determining the learning ef...
The emerging role of corporate information systems: An example from the area of business process-oriented learning
information systems integration service-oriented architecturesDownloads
2008/11/11
Emerging business requirements, stemming from a holistic view over an organisation's activities, place additional pressure on technical infrastructures and call for operational agility and a better al...
In this contribution I first present a selective review of the literature on learning theories in economics. I then show that those theories are often assimilatingknowledge to information or consideri...