Information Processing and Bayesian Analysis

  title={Information Processing and Bayesian Analysis},
  author={Arnold Zellner},
Science involves learning from data. Herein this process of learning or information processing is considered within the context of optimal information processing, as in Zellner (1988, 1991, 1997). Information criterion functionals are formulated and optimized to provide optimal information processing rules, one of which is Bayes’ theorem. By varying the inputs and using alternative side conditions, various optimal information processing rules are derived and evaluated. Generally output… CONTINUE READING
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