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Bayesian Approach

 

GELMAN: Some Natural Solutions to the p-Value Communication Problem—And Why They Won’t Work

[NOTE: This is a repost of a blog that Andrew Gelman wrote for the blogsite Statistical Modeling, Causal Inference, and Social Science]. Blake McShane and David Gal recently wrote two articles (“ Blinding us to the obvious? The effect of statistical training on the evaluation of evidence” and “Statistical significance and the dichotomization of evidence”) on the misunderstandings of p-values that are common even among supposed experts in statistics and applied social research.

EDWARD LEAMER: On Econometrics in the Basement, the Bayesian Approach, and the Leamer-Rosenthal Prize

(THIS BLOG IS REPOSTED FROM THE BITSS WEBSITE) I became interested in methodological issues as a University of Michigan graduate student from 1967 to 1970, watching the economics faculty build an econometric macro model in the basement of the building (The Michigan Model), and comparing how these same faculty members described what they were doing when they taught econometric theory on the top floor of the building.

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