BAYESIAN INFERENCE FOR PARTIALLY IDENTIFIED MODELS by Paul Gustafson ( 9781439869390 )

Item Details

Title:

BAYESIAN INFERENCE FOR PARTIALLY IDENTIFIED MODELS
EXPLORING THE LIMITS OF LIMITED DATA

By:

Paul Gustafson

Format:

Hardback

List price:

£89.99

Our price:

£80.99

Discount:

10% off

You save:

£9.00

ISBN 10:

1439869391

ISBN 13:

9781439869390

Availability:

Usually dispatched within 1-3 weeks.

Delivery rates

Stock:

Currently 0 available

Publisher:

TAYLOR & FRANCIS LTD

Pub. date:

1 April, 2015

Series:

Chapman & Hall/CRC Monographs on Statistics & Applied Probability

Pages:

196

Synopsis:

Bayesian Inference for Partially Identified Models: Exploring the Limits of Limited Data shows how the Bayesian approach to inference is applicable to partially identified models (PIMs) and examines the performance of Bayesian procedures in partially identified contexts. Drawing on his many years of research in this area, the author presents a thorough overview of the statistical theory, properties, and applications of PIMs. The book first describes how reparameterization can assist in computing posterior quantities and providing insight into the properties of Bayesian estimators. It next compares partial identification and model misspecification, discussing which is the lesser of the two evils. The author then works through PIM examples in depth, examining the ramifications of partial identification in terms of how inferences change and the extent to which they sharpen as more data accumulate. He also explains how to characterize the value of information obtained from data in a partially identified context and explores some recent applications of PIMs. In the final chapter, the author shares his thoughts on the past and present state of research on partial identification.This book helps readers understand how to use Bayesian methods for analyzing PIMs. Readers will recognize under what circumstances a posterior distribution on a target parameter will be usefully narrow versus uselessly wide.

Illustrations:

45 black & white illustrations, 2 black & white tables

Publication:

Imprint:

Chapman & Hall/CRC

Returns:

Returnable

Some other items by this author:

BAYESIAN INFERENCE FOR PARTIALLY IDENTIF (HB)

BAYESIAN INFERENCE FOR PARTIALLY IDENTIFIED MODELS

DATA REVOLUTION

EGGBERT'S ADVENTURES AT THE SEASIDE (PB)