Bounded rationality and limited data sets
Sign Up to like & getrecommendations! Published in 2021 at "Theoretical Economics"
DOI: 10.3982/te4070
Abstract: Theories of bounded rationality are typically characterized over an exhaustive data set. How does one tell whether observed choices are consistent with a theory if the data is incomplete? How can out-of-sample predictions be made?… read more here.
Keywords: rationality limited; data sets; rationality; limited data ... See more keywords