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The field of statistics has undergone rapid and wide development during the past two decades, and the Bayesian approach to statistics has provided both a general framework and a creative stimulus for all aspects of this development. This volume describes the work presented at the Third Valencia International Meeting on Bayesian Statistics, the main source of information and communication about the current state of knowledge and research in Bayesian statistics throughout the world. The research presented--which encompasses both invited papers and selected contributed papers-- has had a profound effect on the foundations of statistical inference and probability, statistical theory and methodology, and the applications of statistics in science, technology, medicine, business, law, and public policy. The contributors to this volume form a virtual Who's Who in the area of Bayesian statistics.
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