Bayesian Theory

By: José M. Bernardo, Adrian F. M. Smith

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Paperback | 24 April 2000 | Edition Number 1

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608 Pages

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22.8 x 15.2 x 2.9

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This highly acclaimed text, now available in paperback, provides a thorough account of key concepts and theoretical results, with particular emphasis on viewing statistical inference as a special case of decision theory. Information-theoretic concepts play a central role in the development of the theory, which provides, in particular, a detailed discussion of the problem of specification of so-called prior ignorance . The work is written from the authors s committed Bayesian perspective, but an overview of non-Bayesian theories is also provided, and each chapter contains a wide-ranging critical re-examination of controversial issues. The level of mathematics used is such that most material is accessible to readers with knowledge of advanced calculus. In particular, no knowledge of abstract measure theory is assumed, and the emphasis throughout is on statistical concepts rather than rigorous mathematics. The book will be an ideal source for all students and researchers in statistics, mathematics, decision analysis, economic and business studies, and all branches of science and engineering, who wish to further their understanding of Bayesian statistics

Industry Reviews

"an excellent primary source for those who wish to learn about thelearning and decision process in a situation of uncertainty..."(Measurement Science Technology, February 2001)

"an ideal source for all students and researchers in statisticsmathematics, decision analysis, economic and business studies andall branches of science and engineering who wish to further theirunderstanding of Bayesian statistics." (Zentralblatt Fur Didaktikder Mathematik)

"...Bayesians will find it indispensable: non-Bayesians will find,and enjoy, much thought-provoking material to challenge theirorthodoxy...." (The Statistician, Vol.51, No.2, 2002)

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