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Bayesian Core: A Practical Approach to Computational Bayesian Statisticsby Jean-Michel Marin; Christian P. Robert

✍ Scribed by Review by: Jarrett J. Barber


Book ID
124210334
Publisher
American Statistical Association
Year
2008
Tongue
English
Weight
473 KB
Volume
103
Category
Article
ISSN
0162-1459

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This Bayesian modeling book is intended for practitioners and applied statisticians looking for a self-contained entry to computational Bayesian statistics. Focusing on standard statistical models and backed up by discussed real datasets available from the book website, it provides an operational me

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Are risk-averse agents more optimistic?
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## Abstract Our aim is to analyze the link between optimism and risk aversion in a subjective expected utility setting and to estimate the average level of optimism when weighted by risk tolerance. Its estimation leads to a non‐trivial statistical problem. We start from a large lottery survey (1536