We discuss the use of calibration techniques in economic models. Calibration contrasts with estimation in relying on … draw a distinction between the calibration methods used in dynamic macro models of the Kydland–Prescott type and micro … models of the Shoven–Whalley variety. We highlight the ways in which calibration techniques are evolving including double …

We present the first calibration of quantum decision theory (QDT) to an empirical data set. The data comprise 91 …

are three themes: calibration viewed as estimation subject to external constraints, piece meal vs. system-wide estimation …

) comparison between artificial and real-world data; (ii) calibration and estimation of model parameters; and (iii) parameter space …