An adaptive trimming approach to Bayesian additive regression trees
A machine learning technique merging Bayesian method called Bayesian Additive Regression Trees (BART) provides a nonparametric Bayesian approach that further needs improved forecasting accuracy in the presence of outliers, especially when dealing with ...
Taoyun Cao, Jinran Wu, You-Gan Wang
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Alfred Marshall’s Puzzles. Between Economics as a Positive Science and Economic Chivalry [PDF]
Alfred Marshall’s approach to economics hides a paradox. On one hand, the ‘father’ of neoclassical economics strongly favoured conducting economics as a positive science.
Dzionek-Kozłowska, Joanna
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Beyond revealed preference: choice-theoretic foundations for behavioral welfare economics [PDF]
We propose a broad generalization of standard choice-theoretic welfare economics that encompasses a wide variety of nonstandard behavioral models. Our approach exploits the coherent aspects of choice that those positive models typically attempt to ...
Bernheim, B. Douglas, Rangel, Antonio
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The Moral and Political Dimension of Economics The Fact-Value Dichotomy
Since the neoclassical school, the separation between facts and values, is and ought, positive and normative, has become a concern in conventional economic analyses.
Vasco Almeida
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(WP 2017-04) Behavioral Economics and the Positive-Normative Distinction: Sunstein’s \u3cem\u3eChoosing Not to Choose\u3c/em\u3e and Behavioral Economics Imperialism [PDF]
This paper examines behavioral economics’ use of the positive-normative distinction in its critique of standard rational choice theory as normative, and argues that it departs from Robbins’ understanding of that distinction in ways that suggest ...
Davis, John B.
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Interdiciplinary Method in Islamic Economics' Resaerch and Education [PDF]
In this paper we discuss about effective method of research and education of Islamic economics through inter-disciplinary procedure. Nowadays this procedure in advance methodology of education in economics has been concentrated as “Focused Interest Group”
Hosein Heshmatimolaei
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Economists\u27 Odd Stand on the Positive-Normative Distinction: A Behavioral Economics View [PDF]
This chapter examines economists’ indefensible attachment to the positive-normative distinction, and suggests a behavioral economics explanation of their behavior on the subject.
Davis, John B
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Persepsi Mahasiswa Terhadap Mutu Internal Fakultas Ekonomi Universitas Lancang Kuning
The Faculty of Economics, Lancang Kuning University has Management and Accounting study programs with more than 2000 students. Of course they have felt the atmosphere of lectures for several semesters with all the advantages and disadvantages possessed ...
Prama Widayat
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Positive Solutions of Fractional Differential Equation with -Laplacian Operator
The basic assumption of ecological economics is that resource allocation exists social optimal solution, and the social optimal solution and the optimal solution of enterprises can be complementary.
Teng Ren, Xiaochun Chen
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Some Reflections on the Role of Moral Reasoning in Economics [PDF]
People seem to be motivated by moral ideas and in this paper I discuss how we should take this into account in positive and normative economics. I review alternative ways of modelling moral motivation and reasoning in positive economics and discuss how ...
Bertil Tungodden
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