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似然支配准则AI 解读

The dominance ordering and the LDC provide a new approach to model selection. The dominance ordering is described in terms of a fictive experiment in which the two competing hypotheses are nested in a composite. If estimating the composite would lead to accepting one hypothesis and rejecting the other, then which would be accepted and which rejected is determined by the two adjusted likelihood values and does not require estimating the composite, although it does require…

摘要暂缺

摘要暂缺

In this paper we estimate a complete system of demand equations making full use of the restrictions implied by economic theory. Our theoretical model is based on the Klein-Rubin linear expenditure system which was first estimated by Stone. We place primary emphasis on maximum likelihood estimates obtained using annual time series observations of prices and per capita consumption for the U.S. economy in the period 1948-1965. The plan of the paper is as follows: Section 1…

加速折旧采用的学习函数估计AI 解读

The Revenue Act of 1954 permitted entrepreneurs for the first time to make use of the double declining balance (DDB) and sum of the year's digits (SYD) methods of depreciation in place of the customary straight line method (SL). The tax advantages from using such methods are well known.1 In spite of these advantages, however, the accelerated methods in many cases appear to have been adopted only slowly over the years. Clearly any attempt to determine the effect on investment…

加速折旧采用过程的学习函数估计AI 解读

The Revenue Act of 1954 permitted entrepreneurs for the first time to make use of the double declining balance (DDB) and sum of the year's digits (SYD) methods of depreciation in place of the customary straight line method (SL). The tax advantages from using such methods are well known.1 In spite of these advantages, however, the accelerated methods in many cases appear to have been adopted only slowly over the years. Clearly any attempt to determine the effect on investment…