Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...
SERC copy Purchased with Adopt-a-Book funds. "Statistical Rethinking: A Bayesian Course with Examples in R and Stan builds readers’ knowledge of and confidence in statistical modeling. Reflecting the ...
Bayesian inference is attractive due to its internal coherence and for often having good frequentisi properties. However, eliciting an honest prior may be difficult, and common practice is to take an ...
Quantum versions of Bayes’ rule have been around for decades, but the approach through the minimum change principle had not ...
Tommy James & the Shondells sang “Crystal Blue Persuasion.” Economists have their own shade of persuasion — Bayesian. Bayesian persuasion is an idea only a little more than a decade old that’s being ...
Alice and Bob are playing a game in which the first person to get 6 points wins. The way each point is decided is a little strange. The Casino has a pool table that Alice and Bob can't see. Before the ...