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- International Society for Bayesian Analysis (ISBA); Universitat de Val╠Čncia

Dates:June 03-08, 2010
Description:9th Valencia International Meeting on Bayesian Statistics and the 2010 ISBA World Meeting - International Society for Bayesian Analysis
Location:Benidorm (Alicante), Hotel Bali, Spain
Subject:Statistics is primarily concerned with the analysis of data, either to assist in the appreciation of some underlying mechanism, or to reach effective decisions. In both cases, some uncertainty resides in the situation and the statistician's tasks are both to reduce this uncertainty and to explain it clearly. Problems of this type occur throughout all the physical, social and other sciences. One way of looking at statistics stems from the appreciation that all uncertainty must be described by probability: that probability is the only sensible language for a logic that deals with all degrees of uncertainty, and not just with the extremes of truth and falsity. This is called Bayesian Statistics. Decision-making is embraced by introducing a utility function, itself probability-based, and then maximizing expected utility. Bayesian statistics is designed to handle all situations where uncertainty is found. Since some uncertainty is present in most aspects of life, it is held that Bayesian statistics should be appreciated and used by everyone. It is the logic of contemporary society. It is 'common sense reduced to calculation.' [gem╠_╠┘ den Informationen des Anbieters - according to site editor's information]
JEL Code:C
URL:http://www.uv.es/valenciameeting

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