Beyond Traditional Probabilistic Methods in Econometrics

Nguyen, Hung T.1,2, Trung, Nguyen Duc3, Thach, Nguyen Ngoc3
1New Mexico State University, .
2Chiang Mai University
3Banking University of Ho-Chi-Minh City

Tóm tắt

We elaborate on various uncertainty calculi in current research efforts to improve empirical econometrics. These consist essentially of considering appropriate non additive (and non commutative) probabilities, as well as taking into account economic data which...