Add to ORKGEconomic theories are often fitted directly to data to avoid possible model selection biases. This is an excellent strategy when the theory is complete and correct, but less successful otherwise. We show that embedding a theory model that specifie
Should econometricians always incorporate economic theory in their models or only when unrestricted ...
Modern economic theory developed under the assumption that only two basic facts are needed concernin...
We argue that model selection uncertainty should be fully incorporated into statistical inference wh...
Economic theories are often fitted directly to data to avoid possible model selection biases. We sho...
This paper outlines several difficulties with testing economic theories, particularly that the theor...
Economic theories are systems of beliefs about the world. Models formalize parts or aspects of theor...
The problem of statistical model selection in econometrics and statistics is reviewed. Model selecti...
Trygve Haavelmo’s Probability Approach aimed to implement economic theories, but he later recognized...
Economies are so high dimensional and non-constant that many features of models cannot be derived by...
This paper investigates four topics. (1) It examines the different roles played by the propensity sc...
This dissertation discusses model selection and evaluation in economics from a variety of perspectiv...
Economies are so high dimensional and non-constant that many features of models cannot be derived by...
textabstractThe choice of a particular model in quantitative economic analysis reflects the economic...
Model selection criteria are used in many contexts in economics. The issue of determining an approp...
The use of in Model Selection is a common practice in econometrics. The rationale is that the statis...
Should econometricians always incorporate economic theory in their models or only when unrestricted ...
Modern economic theory developed under the assumption that only two basic facts are needed concernin...
We argue that model selection uncertainty should be fully incorporated into statistical inference wh...
Economic theories are often fitted directly to data to avoid possible model selection biases. We sho...
This paper outlines several difficulties with testing economic theories, particularly that the theor...
Economic theories are systems of beliefs about the world. Models formalize parts or aspects of theor...
The problem of statistical model selection in econometrics and statistics is reviewed. Model selecti...
Trygve Haavelmo’s Probability Approach aimed to implement economic theories, but he later recognized...
Economies are so high dimensional and non-constant that many features of models cannot be derived by...
This paper investigates four topics. (1) It examines the different roles played by the propensity sc...
This dissertation discusses model selection and evaluation in economics from a variety of perspectiv...
Economies are so high dimensional and non-constant that many features of models cannot be derived by...
textabstractThe choice of a particular model in quantitative economic analysis reflects the economic...
Model selection criteria are used in many contexts in economics. The issue of determining an approp...
The use of in Model Selection is a common practice in econometrics. The rationale is that the statis...
Should econometricians always incorporate economic theory in their models or only when unrestricted ...
Modern economic theory developed under the assumption that only two basic facts are needed concernin...
We argue that model selection uncertainty should be fully incorporated into statistical inference wh...