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Title:Forecasting errors: yet more problems for identification? PDF Logo
Authors:Contini, Bruno
Issue Date:2009
Series/Report no.:IZA discussion papers 4035
Abstract:Forecasting errors pose a serious problem of identification, often neglected in empirical applications. Any attempt of estimating choice models under uncertainty may lead to severely biased results in the presence of forecasting errors even when individual expectations on future events are observed together with the standard outcome variables.
forecasting errors
subjective probabilities
Persistent Identifier of the first edition:urn:nbn:de:101:1-20090306288
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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