(Paperback)

As most econometricians will readily agree, the data used in applied econometrics seldom provide accurate measurements for the pertinent theory's variables. Here, Bernt Stigum offers the first systematic and theoretically sound way of accounting for such inaccuracies. He and a distinguished group of contributors bridge econometrics and the philosop

(Hardback)

How can a researcher with such tools learn anything about the social reality in which he or she lives This book addresses varied topics in both classical and Bayesian econometrics, offering evidence that its answer to the fundamental question is sound. It represents an account of contemporary economic methodology.