"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh Pal
This concise textbook is an introduction to econometrics from the Bayesian view-
point. It begins with an explanation of the basic ideas of subjective probability and
shows how subjective probabilities must obey the usual rules of probability to
ensure coherency. It then turns to the definitions of the likelihood function, prior
distributions, and posterior distributions. It explains how posterior distributions are
t
Edward Greenberg
Edward Greenberg is Professor Emeritus of Economics at Washington Uni-
versity, St. Louis, where he served as a Full Professor on the faculty from
1969 to 2005. Professor Greenberg also taught at the University of Wiscon-
sin, Madison, and has been a Visiting Professor at the University of Warwick
(UK), Technion University (Israel), and the University
India
Malaysia
Singapore
UAE
