Premium
AD HOC MODEL BUILDING USING TIME‐VARYING PARAMETER MODELS *
Author(s) -
Bretschneider Stuart I.,
Gorr Wilpen L.
Publication year - 1983
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1983.tb00182.x
Subject(s) - computer science , context (archaeology) , operations research , post hoc , management science , risk analysis (engineering) , business , economics , engineering , medicine , paleontology , dentistry , biology
ABSTRACT Decision support for managers and policy makers, such as required in planning and evaluation efforts, often requires ad hoc behavioral modeling to account for context‐specific phenomena and to handle data limitations. This paper introduces a systematic approach useful for meeting these requirements in which time‐varying parameter estimation plays an important role. A case study evaluating the impacts of public policy actions on residential natural gas conservation illustrates the approach.