LEADER 04205nam 2200529 450 001 9910825185903321 005 20231222063641.0 010 $a1-118-95902-7 010 $a1-118-95904-3 035 $a(CKB)4330000000007698 035 $a(Au-PeEL)EBL4815035 035 $a(CaPaEBR)ebr11354714 035 $a(CaONFJC)MIL997854 035 $a(OCoLC)974040698 035 $a(CaSebORM)9781118959015 035 $a(MiAaPQ)EBC4815035 035 $a(EXLCZ)994330000000007698 100 $a20160919d2017 uy| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aIntroduction to Bayesian estimation and copula models of dependence /$fArkady Shemyakin, Alexander Kniazev 205 $a1st edition 210 1$aHoboken, New Jersey :$cJohn Wiley & Sons, Incorporated,$d2017. 215 $a1 online resource (349 pages) $cillustrations (some color) 225 1 $aTHEi Wiley ebooks 311 $a1-118-95903-5 311 $a1-118-95901-9 320 $aIncludes bibliographical references and index. 330 $aPresents an introduction to Bayesian statistics, presents an emphasis on Bayesian methods (prior and posterior), Bayes estimation, prediction, MCMC,Bayesian regression, and Bayesian analysis of statistical modelsof dependence, and features a focus on copulas for risk management Introduction to Bayesian Estimation and Copula Models of Dependence emphasizes the applications of Bayesian analysis to copula modeling and equips readers with the tools needed to implement the procedures of Bayesian estimation in copula models of dependence. This book is structured in two parts: the first four chapters serve as a general introduction to Bayesian statistics with a clear emphasis on parametric estimation and the following four chapters stress statistical models of dependence with a focus of copulas. A review of the main concepts is discussed along with the basics of Bayesian statistics including prior information and experimental data, prior and posterior distributions, with an emphasis on Bayesian parametric estimation. The basic mathematical background of both Markov chains and Monte Carlo integration and simulation is also provided. The authors discuss statistical models of dependence with a focus on copulas and present a brief survey of pre-copula dependence models. The main definitions and notations of copula models are summarized followed by discussions of real-world cases that address particular risk management problems. In addition, this book includes: ? Practical examples of copulas in use including within the Basel Accord II documents that regulate the world banking system as well as examples of Bayesian methods within current FDA recommendations ? Step-by-step procedures of multivariate data analysis and copula modeling, allowing readers to gain insight for their own applied research and studies ? Separate reference lists within each chapter and end-of-the-chapter exercises within Chapters 2 through 8 ? A companion website containing appendices: data files and demo files in Microsoft® Office Excel®, basic code in R, and selected exercise solutions Introduction to Bayesian Estimation and Copula Models of Dependence is a reference and resource for statisticians who need to learn formal Bayesian analysis as well as professionals within analytical and risk management departments of banks and insurance companies who are involved in quantitative analysis and forecasting. This book can also be used as a textbook for upper-undergraduate and graduate-l... 410 0$aTHEi Wiley ebooks. 606 $aBayesian statistical decision theory 606 $aCopulas (Mathematical statistics) 615 0$aBayesian statistical decision theory. 615 0$aCopulas (Mathematical statistics) 676 $a519.5/42 700 $aShemyakin$b Arkady$01671737 702 $aKniazev$b Alexander$c(Mathematician), 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910825185903321 996 $aIntroduction to Bayesian estimation and copula models of dependence$94034528 997 $aUNINA