Do humans process data like Stata? An experimental study

• المؤلفون الرئيسيون: Chan, Yi Rong, Goh, Yun Sheen, Pei, Jiaoying
• مؤلفون آخرون: Bao Te
• التنسيق: Final Year Project
• اللغة: English
• منشور في: Nanyang Technological University 2020
• الموضوعات: Social sciences::Statistics
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/137570
• المؤسسة: Nanyang Technological University

Least square (LS) learning model is one of the most seminal models on how individuals can learn a rational expectation equilibrium (REE) if they do not initially start from there. According to this model, agents estimate the data generating process (DGP) of the market price using the ordinary least...