Abstract
Why are unemployment expectations of the “man in the street” markedly different from professional forecasts? We present an agent-based model to explain this disconnection using boundedly rational agents with different levels of education.
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Gerotto, L., Pellizzari, P. (2018). Generating Unemployment Expectations of the “Man in the Street”. In: Demazeau, Y., An, B., Bajo, J., Fernández-Caballero, A. (eds) Advances in Practical Applications of Agents, Multi-Agent Systems, and Complexity: The PAAMS Collection. PAAMS 2018. Lecture Notes in Computer Science(), vol 10978. Springer, Cham. https://doi.org/10.1007/978-3-319-94580-4_26
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DOI: https://doi.org/10.1007/978-3-319-94580-4_26
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