All econometricians should be Bayesians

I’ve been wondering why they are not since my first semester’s statistics class in my PhD program in Rochester with Dale Poirier. This, due to Mark Thoma, gives a nice, quick push in that direction. Hat tip to marginalrevolution.com for the link.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s