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Download Esseen theorem for weakly negatively dependent random by Wang J.F., Zhang L.X. PDF

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By Wang J.F., Zhang L.X.

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Extra info for Esseen theorem for weakly negatively dependent random variables and its applications

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O n e m a y w o n d e r h o w a g e n t - b a s e d m o d e l l i n g fits w i t h i n t h i s a t o m i s t i c / h o l i s t i c d i c h o t o m y . O n t h e o n e h a n d , a g e n t - b a s e d m o d e l l i n g o b v i o u s l y s t a r t s w i t h a m u l t i t u d e o f a t o m i s t i c a g e n t s , h o u s e h o l d s o r f i r m s . O n t h e o t h e r h a n d , m o d e l l e r s m u s t d e s i g n r u l e s t h a t t h e i r a g e n t s h a v e t o f o l l o w a s t h e y i n t e r a c t w i t h e a c h o t h e r .

7), w h e n s t u d y i n g t h e w o r k s o f M i n s k y . A c c o r d i n g t o M i n s k y , a s t a b l e g r o w i n g e c o n o m y is a c o n t r a d i c t i o n i n t e r m s . A f a s t - g r o w i n g f r e e - m a r k e t e c o n o m y w i l l n e c e s s a r i l y t r a n s f o r m itself i n t o a s p e c u l a t i v e b o o m i n g e c o n o m y . I n a w o r l d o f u n c e r t a i n t y , w i t h o u t full i n f o r m a t i o n a b o u t t h e f u n d a m e n t a l s , a s t r i n g o f s u c c e s s f u l y e a r s d i m i n i s h e s p e r c e i v e d r i s k a n d u n c e r t a i n t y .

C o n c e p t o f g r o u n d e d t h e o r y . I n s t r u m e n t a l i s m a t w o r k B y c o n t r a s t , t a k e t h e n e o c l a s s i c a l p r e s u p p o s i t i o n o f i n s t r u m e n t a l i s m , d e f e n d e d b y M i l t o n F r i e d m a n ( 1 9 5 3 ) i n h i s f a m o u s e s s a y o n m e t h o d o l o g y . I n s t r u m e n t a l i s m is t h e b e l i e f t h a t t h e t r u t h o f a t h e o r e t i c a l s t a t e m e n t is i r r e l e v a n t . A n a s s u m p t i o n is s o u n d w h e n it a l l o w s p r e c i s e p r e d i c t i o n s , i n p a r t i c u l a r w h e n it c a n h e l p t o f i n d a n d c a l c u l a t e t h e v a l u e o f a n e q u i l i b r i u m p o s i t i o n .

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