Bayesian Analysis And Uncertainty In Economic Theory


Bayesian Analysis And Uncertainty In Economic Theory
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Bayesian Analysis And Uncertainty In Economic Theory


Bayesian Analysis And Uncertainty In Economic Theory
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Author : Richard Michael Cyert
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Bayesian Analysis And Uncertainty In Economic Theory written by Richard Michael Cyert and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


We began this research with the objective of applying Bayesian methods of analysis to various aspects of economic theory. We were attracted to the Bayesian approach because it seemed the best analytic framework available for dealing with decision making under uncertainty, and the research presented in this book has only served to strengthen our belief in the appropriateness and usefulness of this methodology. More specif ically, we believe that the concept of organizational learning is funda mental to decision making under uncertainty in economics and that the Bayesian framework is the most appropriate for developing that concept. The central and unifying theme of this book is decision making under uncertainty in microeconomic theory. Our fundamental aim is to explore the ways in which firms and households make decisions and to develop models that have a strong empirical connection. Thus, we have attempted to contribute to economic theory by formalizing models of the actual pro cess of decision making under uncertainty. Bayesian methodology pro vides the appropriate vehicle for this formalization.



Uncertainty In Economic Theory


Uncertainty In Economic Theory
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Author : Itzhak Gilboa
language : en
Publisher: Routledge
Release Date : 2004-08-02

Uncertainty In Economic Theory written by Itzhak Gilboa and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-02 with Business & Economics categories.


This volume brings together important papers, coupled with new introductions, in the massively influential area of uncertainty in economic theory. Seminal papers are available together for the first time in book format, with new introductions and under the steely editorship of Itzhak Gilboa - this book is a useful reference tool for economists all over the globe.



Bayesian Analysis In Economic Theory And Time Series Analysis


Bayesian Analysis In Economic Theory And Time Series Analysis
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Author : Charles A. Holt
language : en
Publisher: North-Holland
Release Date : 1980

Bayesian Analysis In Economic Theory And Time Series Analysis written by Charles A. Holt and has been published by North-Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Business & Economics categories.


Bidding for contract; A bayesian approach to the spectral analysis of stationary time series.



Bayesian Models In Economic Theory


Bayesian Models In Economic Theory
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Author : Marcel Boyer
language : en
Publisher: North Holland
Release Date : 1984

Bayesian Models In Economic Theory written by Marcel Boyer and has been published by North Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.




Bayesian Economics Through Numerical Methods


Bayesian Economics Through Numerical Methods
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Author : Jeffrey H. Dorfman
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-03-31

Bayesian Economics Through Numerical Methods written by Jeffrey H. Dorfman and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-31 with Business & Economics categories.


Providing researchers in economics, finance, and statistics with an up-to-date introduction to applying Bayesian techniques to empirical studies, this book covers the full range of the new numerical techniques which have been developed over the last thirty years. Notably, these are: Monte Carlo sampling, antithetic replication, importance sampling, and Gibbs sampling. The author covers both advances in theory and modern approaches to numerical and applied problems, and includes applications drawn from a variety of different fields within economics, while also providing a quick overview of the underlying statistical ideas of Bayesian thought. The result is a book which presents a roadmap of applied economic questions that can now be addressed empirically with Bayesian methods. Consequently, many researchers will find this a readily readable survey of this growing topic.



Financial Econometrics Bayesian Analysis Quantum Uncertainty And Related Topics


Financial Econometrics Bayesian Analysis Quantum Uncertainty And Related Topics
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Author : Nguyen Ngoc Thach
language : en
Publisher: Springer Nature
Release Date : 2022-05-28

Financial Econometrics Bayesian Analysis Quantum Uncertainty And Related Topics written by Nguyen Ngoc Thach and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-28 with Technology & Engineering categories.


This book overviews latest ideas and developments in financial econometrics, with an emphasis on how to best use prior knowledge (e.g., Bayesian way) and how to best use successful data processing techniques from other application areas (e.g., from quantum physics). The book also covers applications to economy-related phenomena ranging from traditionally analyzed phenomena such as manufacturing, food industry, and taxes, to newer-to-analyze phenomena such as cryptocurrencies, influencer marketing, COVID-19 pandemic, financial fraud detection, corruption, and shadow economy. This book will inspire practitioners to learn how to apply state-of-the-art Bayesian, quantum, and related techniques to economic and financial problems and inspire researchers to further improve the existing techniques and come up with new techniques for studying economic and financial phenomena. The book will also be of interest to students interested in latest ideas and results.



Essays On Economic Behavior Under Uncertainty


Essays On Economic Behavior Under Uncertainty
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Author : Michael Balch
language : en
Publisher:
Release Date : 1974

Essays On Economic Behavior Under Uncertainty written by Michael Balch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Decision making categories.




Bayesian Methods In Health Economics


Bayesian Methods In Health Economics
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Author : Gianluca Baio
language : en
Publisher: CRC Press
Release Date : 2012-11-12

Bayesian Methods In Health Economics written by Gianluca Baio and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-12 with Mathematics categories.


Health economics is concerned with the study of the cost-effectiveness of health care interventions. This book provides an overview of Bayesian methods for the analysis of health economic data. After an introduction to the basic economic concepts and methods of evaluation, it presents Bayesian statistics using accessible mathematics. The next chapters describe the theory and practice of cost-effectiveness analysis from a statistical viewpoint, and Bayesian computation, notably MCMC. The final chapter presents three detailed case studies covering cost-effectiveness analyses using individual data from clinical trials, evidence synthesis and hierarchical models and Markov models. The text uses WinBUGS and JAGS with datasets and code available online.



Probability And Profit


Probability And Profit
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Author : William Fellner
language : en
Publisher: Homewood, Ill. : Irwin
Release Date : 1965

Probability And Profit written by William Fellner and has been published by Homewood, Ill. : Irwin this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Probabilities categories.


Economic theory of subjective probability, utility and profit - probability being regarded as a concept of decision making theory. Application of theory. Annotated bibliography pp. 211 to 233.



Probability Foundations Of Economic Theory


Probability Foundations Of Economic Theory
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Author : Charles McCann
language : en
Publisher: Routledge
Release Date : 2003-08-16

Probability Foundations Of Economic Theory written by Charles McCann and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-08-16 with Business & Economics categories.


First published in 1994. Routledge is an imprint of Taylor & Francis, an informa company.