Introduction to Bayesian Econometrics
| Author | : | |
| Rating | : | 4.84 (614 Votes) |
| Asin | : | 110743677X |
| Format Type | : | paperback |
| Number of Pages | : | 270 Pages |
| Publish Date | : | 2017-10-26 |
| Language | : | English |
DESCRIPTION:
Burkett, University of Rhode Island'The apple has not fallen far from the tree, as this second edition of Introduction to Bayesian Econometrics continues in the fine tradition of its predecessor. The explanations are very clearly written, and the content is supported with many detailed examples and real-data applications.' Douglas J. 'Edward Greenberg's Introduction to Bayesian Econometrics provides clear and concise coverage of Bayesian theory, computational methods, and important applications. The book begins at an introductory level that should be accessible to a wide range of readers and then builds on these fundamental ideas to help the reader develop an in-depth understanding of modern Bayesian econometrics. The se
The remainder of the book is concerned with applications of the theory to important models that are used in economics, political science, biostatistics, and other applied fields. Various methods of specifying prior distributions are considered, with special emphasis on subject-matter considerations and exchange ability. It begins with an explanation of the basic ideas of subjective probability and shows how subjective probabilities must obey the usual rules of probability to ensure coherency. The new edition also emphasizes the R programming language, which
His published research has appeared in leading journals such as the American Economic Review, Econometrica, the Journal of Econometrics, the Journal of the American Statistical Association, Biometrika and the Journal of Economic Behavior and Organization. . Professor Greenberg also taught at the University of Wisconsin, Madison, and has been a Visiting Professor at the University of Warwick (UK), Technion University (Israel) and the Universit
"Five Stars" according to Hy Liu. A vey useful book for me. Dr. Greenberg with His Legacy RS I really appreciate the help I have obtained from Dr. Greenberg's book "Introduction to Bayesian Econometrics", even though I only read about the very first several pages. I am new students to the Bayesian analysis with puzzled minds regarding its very unique process and underlying rationale. Dr. Greenberg is very good at showing it from the sta