Intraseasonal Demand for Fall Potatoes under Rational Expectations
结合最大似然法和随机动态规划，估计美国秋季马铃薯市场的动态非线性理性预期模型，分析价格预期对库存决策的影响及需求的季节内模式。
Abstract An iterative numerical strategy combining maximum likelihood methods and stochastic‐dynamic programming is used to estimate a dynamic nonlinear rational expectations model of the U.S. fall potato market. The model captures the essential processes governing the intraseasonal dynamics of potato consumption and storage, including the impact of price expectations on stockholding decisions. The model is used to analyze the temporal pattern of demand for fall potatoes.