Introduction to Bayesian Econometrics

Edward Greenberg

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Language: English

Published by Cambridge University Press, 2014

110743677X / 9781107436770

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - This textbook explains the basic ideas of subjective probability and shows how subjective probabilities must obey the usual rules of probability to ensure coherency. It defines the likelihood function, prior distributions and posterior distributions. It explains how posterior distributions are the basis for inference and explores their basic properties. Various methods of specifying prior distributions are considered, with special emphasis on subject-matter considerations and exchange ability. The regression model is examined to show how analytical methods may fail in the derivation of marginal posterior distributions. 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. New to the second edition is a chapter on semiparametric regression and new sections on the ordinal probit, item response, factor analysis, ARCH-GARCH and stochastic volatility models. The new edition also emphasizes the R programming language. …

Seller Inventory # 9781107436770

Title
Introduction to Bayesian Econometrics
Author
Edward Greenberg
Publisher
Cambridge University Press
Publication year
2014
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
110743677X
ISBN 13
9781107436770
Edition
2nd Edition
Item weight
514 grams
Dimensions
254x178x15 mm

AHA-BUCH GmbH

Einbeck, Germany

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AbeBooks seller since August 14, 2006

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