Example: tourism industry

Lecture 6 Specification and Model Selection Strategies

Specification and Model Selection Strategies Model Selection Strategies • So far, we have implicitly used a simple strategy: (1) We started with a DGP, which we assumed to be true. (2) We tested some H0 (from economic theory). (3) We used the model (restricted, if needed) for prediction & forecasting.

Tags:

  Model, Specification

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Advertisement

Transcription of Lecture 6 Specification and Model Selection Strategies

Related search queries