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Extant customer base models like the beta geometric/negative binomial distribution (BG/NBD) predict future purchasing based on the customer’s observed purchase history. We extend the BG/NBD by adding an important non-transactional element that drives future purchases: complaint history. Our...
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Complete and Incomplete Econometric Models John Geweke Princeton University Press Princeton and Oxford Contents Series Editors' Introduction vii Preface ...
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This paper revisits the accuracy of inflation forecasting using activity and expectations variables. We apply Bayesian model averaging across different regression specifications selected from a set of potential predictors that includes lagged values of inflation, a host of real activity data,...
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