Cart
Free US shipping over $10
Proud to be B-Corp

Foundations of Info-Metrics Amos Golan (Professor, Professor, Department of Economics, American University)

Foundations of Info-Metrics By Amos Golan (Professor, Professor, Department of Economics, American University)

Foundations of Info-Metrics by Amos Golan (Professor, Professor, Department of Economics, American University)


$163.09
Condition - New
Only 2 left

Summary

Foundations of Info-Metrics provides an overview of modeling and inference, rather than a problem specific model, and progresses from the simple premise that information is often insufficient to provide a unique answer for decisions we wish to make. Each decision, or solution, is derived from the available input information along with a choice of inferential procedure.

Foundations of Info-Metrics Summary

Foundations of Info-Metrics: Modeling, Inference, and Imperfect Information by Amos Golan (Professor, Professor, Department of Economics, American University)

Info-metrics is the science of modeling, reasoning, and drawing inferences under conditions of noisy and insufficient information. It is at the intersection of information theory, statistical inference, and decision-making under uncertainty. It plays an important role in helping make informed decisions even when there is inadequate or incomplete information because it provides a framework to process available information with minimal reliance on assumptions that cannot be validated. In this pioneering book, Amos Golan, a leader in info-metrics, focuses on unifying information processing, modeling and inference within a single constrained optimization framework. Foundations of Info-Metrics provides an overview of modeling and inference, rather than a problem specific model, and progresses from the simple premise that information is often insufficient to provide a unique answer for decisions we wish to make. Each decision, or solution, is derived from the available input information along with a choice of inferential procedure. The book contains numerous multidisciplinary applications and case studies, which demonstrate the simplicity and generality of the framework in real world settings. Examples include initial diagnosis at an emergency room, optimal dose decisions, election forecasting, network and information aggregation, weather pattern analyses, portfolio allocation, strategy inference for interacting entities, incorporation of prior information, option pricing, and modeling an interacting social system. Graphical representations illustrate how results can be visualized while exercises and problem sets facilitate extensions. This book is this designed to be accessible for researchers, graduate students, and practitioners across the disciplines.

Foundations of Info-Metrics Reviews

This book is a good mixture of theory and practical applications...The topics of the applications are well chosen; they represent contemporary tendencies in statistical science including a broad range of related subject material and interesting topics, from classical to modern. The tools and techniques that are present here can be applied in various disciplines like finance, banking, economics, accounting, marketing, social and health sciences and even to areas like psychology, engineering, and medicine...As such, there are more than good reasons why it should be strongly recommended to potential readers and users. * Journal of the Royal Statistical Society *
Amos Golan is an acknowledged leader in the field of info-metrics, or better still, one of its originators. In writing this book, he has painfully put together a package that could turn out to be a trigger event in this new and evolving discipline.The work is an encyclopedic collection of specifics and details, something which surpasses much that is currently available in the marketplace. * Technometrics *
"Info-metrics provides a unifying framework for inference and broadens the set of tools available to policy researchers. Foundations of Info-Metrics is an engaging and accessible treatment full of applications that shows the strengths of the approach for situations where traditional methods may struggle or are difficult to apply. More than 20 years since the development of maximum entropy econometrics, this book should attract new audiences to the ideas of info-metrics."-- * Journal of Policy Analysis and Management *
It provides all the necessary tools and building blocks for using the info-metrics framework for solving problems, making decisions, and constructing models under incomplete information. The multidisciplinary applications provide a hands-on experience for the reader. That experience can be enhanced via the exercises and problems at the end of each chapter. * Kathy Wolcott, MathSciNet *
Each chapter comes with a set of carefully designed exercises and problems. I am also delighted to see a dedicated info-metrics website that provides codes and data for all examples in this book, interactive examples, and additional materials. I have no doubt that this book should be of interest to researchers in many fields of social and natural science and is an ideal choice for an introductory course in information theory. * Ximing Wu, American Journal of Agricultural Economics *
With its unique balance of accessibility and interdisciplinary applications, this book seems destined to become the standard reference for researchers wishing to apply info-metric methods. * Econometric Reviews *
Amos Golan is an acknowledged leader in the field of info-metrics, or better still, one of its originators. In writing this book, he has painfully put together a package that could turn out to be a trigger event in this new and evolving discipline.The work is an encyclopedic collection of specifics and details, something which surpasses much that is currently available in the marketplace. * Technometrics *

About Amos Golan (Professor, Professor, Department of Economics, American University)

Amos Golan is a professor of economics and directs the Info-Metrics Institute at American University. He is also an External Professor at the Santa Fe Institute and a Senior Associate at Pembroke College, Oxford. His research is primarily in the interdisciplinary field of info-metrics - the science and practice of information processing, modeling, inference, and problem solving with insufficient information. He has published in economics, econometrics, statistics, mathematics, physics and philosophy journals. His books include Maximum Entropy Econometrics: Robust Estimation with Limited Data (coauthored with Judge and Miller) and Information and Entropy Econometrics - A Review and Synthesis.

Table of Contents

Dedication Acknowledgements Chapter 1 - Introduction Chapter 2 - Rational Inference: A Constrained Optimization Framework Chapter 3 - The Metrics of Info-Metrics Chapter 4 - Entropy Maximization Chapter 5 - Inference in The Real World Chapter 6 - Advanced Inference in The Real World Chapter 7: Efficiency, Sufficiency, and Optimality Chapter 8 - Prior Information Chapter 9 - A Complete Info-Metrics Framework Chapter 10 - Modeling and Theories Chapter 11 - Causal Inference via Constraint Satisfaction Chapter 12 - Info-Metrics and Statistical Inference: Discrete Problems Chapter 13 - Info-Metrics and Statistical Inference: Continuous Problems Chapter 14 - New Applications Across Disciplines Epilogue Appendices List of Symbols References Index

Additional information

NPB9780199349524
9780199349524
0199349525
Foundations of Info-Metrics: Modeling, Inference, and Imperfect Information by Amos Golan (Professor, Professor, Department of Economics, American University)
New
Hardback
Oxford University Press Inc
2018-01-18
488
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Foundations of Info-Metrics