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Introduction to Bayesian Econometrics - 9780521858717

Un libro in lingua di Edward Greenberg edito da Cambridge Univ Pr, 2007

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This concise textbook is an introduction to econometrics at the graduate or advanced undergraduate level. It differs from other books in econometrics in its use of the Bayesian approach to statistics. This approach, in contrast to the frequentist approach to statistics, makes explicit use of prior information and is based on the subjective view of probability, which takes probability theory as applying to all situations in which uncertainty exists, including uncertainty over the values of parameters.

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