@blue-science.bsky.social
Conclusion : we should be confident in the good parsimony (i.e. simplicity / efficiency ratio) of current best social preference models
June 12, 2025 at 11:11 AM
Conclusion : we should be confident in the good parsimony (i.e. simplicity / efficiency ratio) of current best social preference models
• There are 3 behavioral profiles : inequality averse, altruistic and selfish
• This classification is consistent with clustering by theory-neutral algorithm
• Three-types models are more out-of-sample predictive than representative agent, individual-level heterogeneity and machine learning models
• This classification is consistent with clustering by theory-neutral algorithm
• Three-types models are more out-of-sample predictive than representative agent, individual-level heterogeneity and machine learning models
June 12, 2025 at 10:14 AM
• There are 3 behavioral profiles : inequality averse, altruistic and selfish
• This classification is consistent with clustering by theory-neutral algorithm
• Three-types models are more out-of-sample predictive than representative agent, individual-level heterogeneity and machine learning models
• This classification is consistent with clustering by theory-neutral algorithm
• Three-types models are more out-of-sample predictive than representative agent, individual-level heterogeneity and machine learning models