Reportgreen2019

Forbidden zones for the expectations of measurement data and problems of behavioral economics

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Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies Complex Systems and Time Series Analysis

Abstract

A theorem, applied mathematical method and qualitative mathematical models are introduced in the present article. The method and models are based on the forbidden zones of the theorem and suppose that people decide as if there were some biases of the expectations of measurement data, e.g., under influence of noise. The article is motivated by the need for theoretical support for the practical analysis that was performed for the purposes of behavioral economics.

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