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Add to basketPAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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Add to basketPaperback. Condition: New. Print on Demand. In an era marked by evolving statistical methodologies, this book delves into the intricacies of Bayesian analysis applied to econometric systems. The author meticulously examines the challenges of uncertainty surrounding parameters in economic models, offering a comprehensive framework for understanding and addressing these complexities. The core of the book lies in the exploration of "reduced form systems" ââ â a specific type of econometric model. Through rigorous mathematical derivations and insightful explanations, the author guides readers through the process of applying Bayesian principles to these systems. This involves identifying natural conjugate families of prior densities, conducting prior-posterior and preposterior analysis, and deriving sampling distributions that are crucial for statistical inference. A significant contribution of this work is the presentation of a novel procedure for obtaining non-degenerate joint posterior and preposterior distributions, even in situations where the number of sample observations falls short of the number of parameters. This breakthrough empowers researchers to draw meaningful conclusions from limited data, enhancing the applicability of Bayesian methods in real-world econometric analysis. By bridging the gap between theoretical concepts and practical applications, this book provides invaluable insights into the potential of Bayesian analysis for understanding complex economic phenomena. The author's meticulous approach and clear explanations make this work an essential resource for researchers and students seeking to navigate the intricacies of econometric modeling in the face of uncertainty. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.
Publication Date: 2025
Seller: True World of Books, Delhi, India
LeatherBound. Condition: New. LeatherBound edition. Condition: New. Reprinted from 1964 edition. Leather Binding on Spine and Corners with Golden leaf printing on spine. Bound in genuine leather with Satin ribbon page markers and Spine with raised gilt bands. A perfect gift for your loved ones. Pages: 56 NO changes have been made to the original text. This is NOT a retyped or an ocr'd reprint. Illustrations, Index, if any, are included in black and white. Each page is checked manually before printing. As this print on demand book is reprinted from a very old book, there could be some missing or flawed pages, but we always try to make the book as complete as possible. Fold-outs, if any, are not part of the book. If the original book was published in multiple volumes then this reprint is of only one volume, not the whole set. Sewing binding for longer life, where the book block is actually sewn (smythe sewn/section sewn) with thread before binding which results in a more durable type of binding. Pages: 56 Ando, Albert,Kaufman, G. M.