Bayesian Inference and Decision Techniques: Essays in Honor of Bruno de Finetti. Studies in Bayesian Econometrics and Statistics, Vol. 6.

1988 ◽  
Vol 98 (392) ◽  
pp. 883
Author(s):  
Raymond J. O'Brien ◽  
Prem K. Goel ◽  
Arnold Zellner
1996 ◽  
Vol 12 (3) ◽  
pp. 500-516 ◽  
Author(s):  
Duo QIN

This paper sketches the history of how Bayesian inference was adopted and utilized in econometrics during its first 20 years. It focuses on the causes of the Bayesian movement, the ways in which Bayesian inference was applied, the problems that the application was intended to solve, and the results achieved. It shows that Bayesian research has largely followed mainstream econometric development as far as the major econometric ideas and methods are concerned and that Bayesian reformulation of mainstream econometrics has nevertheless helped in deepening econometricians' understanding of many modeling problems by presenting them from a different angle.


2015 ◽  
Author(s):  
Qing Dou ◽  
Ashish Vaswani ◽  
Kevin Knight ◽  
Chris Dyer

2018 ◽  
Author(s):  
Olmo Van den Akker ◽  
Linda Dominguez Alvarez ◽  
Marjan Bakker ◽  
Jelte M. Wicherts ◽  
Marcel A. L. M. van Assen

We studied how academics assess the results of a set of four experiments that all test a given theory. We found that participants’ belief in the theory increases with the number of significant results, and that direct replications were considered to be more important than conceptual replications. We found no difference between authors and reviewers in their propensity to submit or recommend to publish sets of results, but we did find that authors are generally more likely to desire an additional experiment. In a preregistered secondary analysis of individual participant data, we examined the heuristics academics use to assess the results of four experiments. Only 6 out of 312 (1.9%) participants we analyzed used the normative method of Bayesian inference, whereas the majority of participants used vote counting approaches that tend to undervalue the evidence for the underlying theory if two or more results are statistically significant.


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