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Bayesian Model Comparison by Ivan Jeliazkov, Dale J. Poirier

Bayesian Model Comparison

by Ivan Jeliazkov , Dale J. Poirier
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Book cover type: Hardcover
  • ISBN13: 9781784411855
  • Binding: Hardcover
  • Subject: Economics
  • Publisher: Emerald Publishing
  • Publisher Imprint: Emerald
  • Publication Date:
  • Pages: 390
  • Original Price: GBP 120.99
  • Language: English
  • Edition: N/A
  • Item Weight: 676 grams
  • BISAC Subject(s): Public Policy / Economic Policy and Econometrics

The volume contains articles that should appeal to readers with computational, modeling, theoretical, and applied interests. Methodological issues include parallel computation, Hamiltonian Monte Carlo, dynamic model selection, small sample comparison of structural models, Bayesian thresholding methods in hierarchical graphical models, adaptive reversible jump MCMC, LASSO estimators, parameter expansion algorithms, the implementation of parameter and non-parameter-based approaches to variable selection, a survey of key results in objective Bayesian model selection methodology, and a careful look at the modeling of endogeneity in discrete data settings. Important contemporary questions are examined in applications in macroeconomics, finance, banking, labor economics, industrial organization, and transportation, among others, in which model uncertainty is a central consideration.

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