Showing 1 - 2 of 2
We study the convergence of Bayesian learning in a tandem social network. Each agent receives a noisy signal about the underlying state of the world, and observes her predecessor's action before choosing her own. We characterize the conditions under which, as the network grows larger, agents'...
Persistent link: https://www.econbiz.de/10009432299
Forecasts of departure demand are one of the driving inputs to tactical decision-support tools (DSTs) for airport surface traffic. While there are well-known results on average- or worst-case forecast uncertainty, it is the forecast errors which occur under best-case minimum-uncertainty...
Persistent link: https://www.econbiz.de/10009432674