AN INFORMATION THEORETIC APPROACH TO ECONOMETRICS by George G. Judge, Ron C. Mittelhammer ( 9780521869591 )

Item Details

Title:

AN INFORMATION THEORETIC APPROACH TO ECONOMETRICS

By:

George G. Judge, Ron C. Mittelhammer

Format:

Hardback

List price:

£66.00

Our price:

£57.75

Discount:

12.5% off

You save:

£8.25

ISBN 10:

0521869595

ISBN 13:

9780521869591

Availability:

Usually dispatched within 1-3 weeks.

Delivery rates

Stock:

Currently 0 available

Publisher:

CAMBRIDGE UNIVERSITY PRESS

Pub. date:

12 December, 2011

Pages:

248

Description:

Intended to provide the reader with a firm conceptual and empirical understanding of basic information-theoretic econometric models and methods.

Synopsis:

This book is intended to provide the reader with a firm conceptual and empirical understanding of basic information-theoretic econometric models and methods. Because most data are observational, practitioners work with indirect noisy observations and ill-posed econometric models in the form of stochastic inverse problems. Consequently, traditional econometric methods in many cases are not applicable for answering many of the quantitative questions that analysts wish to ask. After initial chapters deal with parametric and semiparametric linear probability models, the focus turns to solving nonparametric stochastic inverse problems. In succeeding chapters, a family of power divergence measure-likelihood functions are introduced for a range of traditional and nontraditional econometric-model problems. Finally, within either an empirical maximum likelihood or loss context, Ron C. Mittelhammer and George G. Judge suggest a basis for choosing a member of the divergence family.

Illustrations:

13 b/w illus. 7 tables

Publication:

Imprint:

Cambridge University Press

Returns:

Returnable

Some other items by this author:

A SURVEY OF AGRICULTURAL ECONOMICS LITERATURE, VOLUME 2 (PB)

AN INFORMATION THEORETIC APPROACH TO ECONOMETRICS

AN INFORMATION THEORETIC APPROACH TO ECONOMETRICS (PB)

ECONOMETRIC FOUNDATIONS PACK WITH CD-ROM