Why are unemployment expectations of the “man in the street” markedly different from professional forecasts? We present an agent-based model to explain this disconnection using boundedly rational agents with different levels of education.
Gerotto, L., Pellizzari, P., Generating unemployment expectations of the “man in the street”, Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), Springer Verlag, Heildelberg 2018 <<LECTURE NOTES IN COMPUTER SCIENCE>>, 10978: 305-308. 10.1007/978-3-319-94580-4_26 [http://hdl.handle.net/10807/167854]
Generating unemployment expectations of the “man in the street”
Gerotto, L.
;
2018
Abstract
Why are unemployment expectations of the “man in the street” markedly different from professional forecasts? We present an agent-based model to explain this disconnection using boundedly rational agents with different levels of education.
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