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Complete and Incomplete Econometric Models: The Econometric and Tinbergen Institutes Lectures

Autor John Geweke
en Limba Engleză Hardback – 11 feb 2010
"This book is original and powerful. It develops a Bayesian paradigm that embraces the reality of applied modeling, in which 'discoveries' of things previously unimagined are made regularly. It will be of immediate interest to all economists and statisticians who want to push Bayesian principles toward innovative practice (and who doesn't?)."--Francis X. Diebold, University of Pennsylvania
"How do we know whether a statistical model is good enough for a particular economic research problem? To answer this question, John Geweke introduces the concept of incomplete models, showing how they can be effective tools for model building. This book is a significant contribution to econometrics--and a pleasure to read."--Richard Paap, Erasmus University Rotterdam
"This excellent book seamlessly links many important econometric methods, models, and concepts."--Gary Koop, University of Strathclyde
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Specificații

ISBN-13: 9780691140025
ISBN-10: 0691140022
Pagini: 176
Ilustrații: 23 line illus. 12 tables.
Dimensiuni: 143 x 221 x 18 mm
Greutate: 0.36 kg
Editura: Princeton University Press
Seria The Econometric and Tinbergen Institutes Lectures

Locul publicării:Princeton, United States

Descriere

Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. This book addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete.