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The Nelson-Siegel algorithm is primarily used for fitting a smooth curve to the following:
Conventional Crowd
A collection of individuals who come together for a specific event or purpose, often characterized by standardized behaviors.
Casual Crowd
A temporary gathering of individuals drawn together by a specific event or interest without a clear organizational structure.
Psychosocial Theory
A framework that explores the interaction between psychological developments and social environments across an individual's lifespan.
Emergent Norm Theory
A theory in sociology suggesting that norms and behaviors in crowds and social groups emerge spontaneously and are negotiated among members, rather than being inherent or fixed.
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