Statistical decision theory and bayesian analysis by James O. Berger

Statistical decision theory and bayesian analysis



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Statistical decision theory and bayesian analysis James O. Berger ebook
Format: djvu
Page: 316
ISBN: 0387960988, 9780387960982
Publisher: Springer


It is one of the first comprehensive models that combine statistical decision theory in form of Bayesian analysis with a real options framework for projects exposed to different sources of uncertainty. Statistical Decision Theory and Bayesian Analysis (Springer Series in Statistics) by James O. Statistical Decision Theory and Bayesian Analysis by J.O.Berger. This paper aims at providing some remarks concerning Bayesian decision theory (BDT) and rationality in the legal perspective. Keywords: portfolio selection, decision theory, bayesian analysis. Numerical Analysis for Statisticians. Statistical Decision Theory and Bayesian Analysis. Rational Models of Irrational Behavior; Arthur, W. The decision model is based on Decision Theory and Bayesian Analysis and the application uses Brazilian financial market data from January 1998 to June 2005 as an input. Brian, Designing Economic Agents that Act like Human Agents: A Behavioral Approach to Bounded Rationality; James O. Berger Statistical Decision Theory and Bayesian Analysis. Normative decision theory describes how decisions should be made in order to accommodate a set of axioms believed to be desirable; descriptive decision theory deals with how people actually make decisions; and prescriptive .. The value of the loss function itself is a random quantity because it depends on the outcome of a random variable X. Couldn't really get into it at first reading, but will retry b/c recommendation by Jaynes. Introduction to Statistical Decision Theory by Pratt/Raiffa/Schlaifer.