Title: Bayesian Economics Through Numerical Methods: A Guide to Econometrics and Decision-Making with Prior Information
Publisher: Springer
Publication Date: 2013
Language: English
ISBN 10: 1475771029
ISBN 13: 9781475771022
Binding: Paperback
Condition: Brand New
Weight: 0.2 kilograms

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Synopsis

The aim of this book is to provide researchers in economics, finance, and statistics with an up-to-date introduction to applying Bayesian techniques to empirical studies. It covers the full range of the new numerical techniques which have been developed over the last thirty years, notably: Monte Carlo sampling, antithetic replication, importance sampling, and Gibbs sampling.

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