Discipline of Business Analytics: Recent submissions
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Convergent learning algorithms for potential games with unknown noisy rewards
Published 2011-08-01In this paper, we address the problem of convergence to Nash equilibria in games with rewards that are initially unknown and which must be estimated over time from noisy observations. These games arise in many real-world ...Open AccessWorking Paper -
Australian Residential Housing Market & Hedonic Construction of House Price Indices for Metropolitan
Published 2011-02-01A Semiparametric spatial model is used as it allows nonlinear estimation of both mean and variance. A Bayesian approach is used for inference via a Markov Chain Monte Carlo sampling scheme. A distinct advantage of using ...Open AccessWorking Paper -
Forecast combination for discrete choice models: predicting FOMC monetary policy decisions
Published 2011-06-01This paper provides a methodology for combining forecasts based on several discrete choice models. This is achieved primarily by combining one-step-ahead probability forecast associated with each model. The paper applies ...Open AccessWorking Paper -
Supply Function Equilibria Always Exist
Published 2011-04-01Supply function equilibria are used in the analysis of divisible good auctions with a large number of identical objects to be sold or bought. An important example occurs in wholesale electricity markets. Despite the ...Open AccessWorking Paper -
Do External Political Pressures Affect the Renminbi Exchange Rate?
Published 2011-09-01This paper investigates whether external political pressure for faster renminbi (RMB) appreciation affect both the daily returns and the conditional volatility of the RMB central parity rate. We construct several political ...Open AccessWorking Paper