Flexible Bayesian Regression Modelling
  • Release Date : 30 October 2019
  • Publisher : Academic Press
  • Genre : Business & Economics
  • Pages : 302 pages
  • ISBN 13 : 9780128158630
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Download or read book entitled Flexible Bayesian Regression Modelling by author: Yanan Fan which was release on 30 October 2019 and published by Academic Press with total page 302 pages . This book available in PDF, EPUB and Kindle Format. Flexible Bayesian Regression Modeling is a step-by-step guide to the Bayesian revolution in regression modeling, for use in advanced econometric and statistical analysis where datasets are characterized by complexity, multiplicity, and large sample sizes, necessitating the need for considerable flexibility in modeling techniques. It reviews three forms of flexibility: methods which provide flexibility in their error distribution; methods which model non-central parts of the distribution (such as quantile regression); and finally models that allow the mean function to be flexible (such as spline models). Each chapter discusses the key aspects of fitting a regression model. R programs accompany the methods. This book is particularly relevant to non-specialist practitioners with intermediate mathematical training seeking to apply Bayesian approaches in economics, biology, finance, engineering and medicine. Introduces powerful new nonparametric Bayesian regression techniques to classically trained practitioners Focuses on approaches offering both superior power and methodological flexibility Supplemented with instructive and relevant R programs within the text Covers linear regression, nonlinear regression and quantile regression techniques Provides diverse disciplinary case studies for correlation and optimization problems drawn from Bayesian analysis ‘in the wild’