Bayesian non- and semi-parametric methods and applications (Record no. 567369)
[ view plain ]
000 -LEADER | |
---|---|
fixed length control field | 02493 a2200253 4500 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250224164542.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 250218b xxu||||| |||| 00| 0 eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
ISBN | 9780691145327 |
040 ## - CATALOGING SOURCE | |
Transcribing agency | IIT Kanpur |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | eng |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 330.01519542 |
Item number | R735b |
100 ## - MAIN ENTRY--AUTHOR NAME | |
Personal name | Rossi, Peter E. |
245 ## - TITLE STATEMENT | |
Title | Bayesian non- and semi-parametric methods and applications |
Statement of responsibility, etc | Peter E. Rossi |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Name of publisher | Princeton University Press |
Year of publication | 2014 |
Place of publication | Princeton |
300 ## - PHYSICAL DESCRIPTION | |
Number of Pages | xiii, 202p |
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE | |
Title | The econometric and tinbergen institutes lectures |
490 ## - SERIES STATEMENT | |
Series statement | / edited by Herman K. van Dijk and Philip Hans Franses |
520 ## - SUMMARY, ETC. | |
Summary, etc | This book reviews and develops Bayesian non-parametric and semi-parametric methods for applications in microeconometrics and quantitative marketing. Most econometric models used in microeconomics and marketing applications involve arbitrary distributional assumptions. As more data becomes available, a natural desire to provide methods that relax these assumptions arises. Peter Rossi advocates a Bayesian approach in which specific distributional assumptions are replaced with more flexible distributions based on mixtures of normals. The Bayesian approach can use either a large but fixed number of normal components in the mixture or an infinite number bounded only by the sample size. By using flexible distributional approximations instead of fixed parametric models, the Bayesian approach can reap the advantages of an efficient method that models all of the structure in the data while retaining desirable smoothing properties. Non-Bayesian non-parametric methods often require additional ad hoc rules to avoid "overfitting," in which resulting density approximates are nonsmooth. With proper priors, the Bayesian approach largely avoids overfitting, while retaining flexibility. This book provides methods for assessing informative priors that require only simple data normalizations. The book also applies the mixture of the normals approximation method to a number of important models in microeconometrics and marketing, including the non-parametric and semi-parametric regression models, instrumental variables problems, and models of heterogeneity. In addition, the author has written a free online software package in R, "bayesm," which implements all of the non-parametric models discussed in the book. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical Term | Bayesian statistical decision theory |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical Term | Econometrics |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical Term | Economics -- Mathematical |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Books |
Withdrawn status | Lost status | Damaged status | Not for loan | Collection code | Home library | Current library | Date acquired | Source of acquisition | Cost, normal purchase price | Full call number | Accession Number | Cost, replacement price | Koha item type |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Stacks | PK Kelkar Library, IIT Kanpur | PK Kelkar Library, IIT Kanpur | 03/03/2025 | 60 | 3485.21 | 330.01519542 R735b | A186709 | 4646.95 | Books |