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LIVING RATIONALLY UNDER THE VOLCANO? AN EMPIRICAL ANALYSIS OF HEAVY DRINKING AND SMOKING

✍ Scribed by Peter Arcidiacono; Holger Sieg; Frank Sloan

Book ID
111080848
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
558 KB
Volume
48
Category
Article
ISSN
0020-6598

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Quasi-rational and ex ante price expecta
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✍ Matthew T. Holt; Andrew M. McKenzie πŸ“‚ Article πŸ“… 2003 πŸ› John Wiley and Sons 🌐 English βš– 240 KB

## Abstract A statistically optimal inference about agents' __ex ante__ price expectations within the US broiler market is derived using futures prices of related commodities along with a quasi‐rational forecasting regression equation. The modelling approach, which builds on a Hamilton‐type framewo