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Bayesian Endogeneity Bias Modeling ∗

by Antonio Galvao, Gabriel Montes-rojas, Antonio F. Galvao , 2013
"... Copyright & reuse City University London has developed City Research Online so that its users may access the research outputs of City University London's staff. Copyright © and Moral Rights for this paper are retained by the individual author(s) and / or other copyright holders. All materia ..."
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Copyright & reuse City University London has developed City Research Online so that its users may access the research outputs of City University London's staff. Copyright © and Moral Rights for this paper are retained by the individual author(s) and / or other copyright holders. All material in City Research Online is checked for eligibility for copyright before being made available in the live archive. URLs from City Research Online may be freely distributed and linked to from other web pages. Versions of research The version in City Research Online may differ from the final published version. Users are advised to check the Permanent City Research Online URL above for the status of the paper. Enquiries If you have any enquiries about any aspect of City Research Online, or if you wish to make contact with the author(s) of this paper, please email the team at publications@city.ac.uk.Department of Economics

Bayesian color constancy

by David H. Brainard, William T. Freeman - Journal of the Optical Society of America A , 1997
"... The problem of color constancy may be solved if we can recover the physical properties of illuminants and surfaces from photosensor responses. We consider this problem within the framework of Bayesian decision theory. First, we model the relation among illuminants, surfaces, and photosensor response ..."
Abstract - Cited by 188 (23 self) - Add to MetaCart
The problem of color constancy may be solved if we can recover the physical properties of illuminants and surfaces from photosensor responses. We consider this problem within the framework of Bayesian decision theory. First, we model the relation among illuminants, surfaces, and photosensor

Efficient approximations for the marginal likelihood of Bayesian networks with hidden variables

by David Maxwell Chickering, David Heckerman - Machine Learning , 1997
"... We discuss Bayesian methods for learning Bayesian networks when data sets are incomplete. In particular, we examine asymptotic approximations for the marginal likelihood of incomplete data given a Bayesian network. We consider the Laplace approximation and the less accurate but more efficient BIC/MD ..."
Abstract - Cited by 194 (12 self) - Add to MetaCart
is the most accurate. In experiments using synthetic data generated from discrete naive-Bayes models having a hidden root node, we find that (1) the BIC/MDL measure is the least accurate, having a bias in favor of simple models, and (2) the Draper and CS measures are the most accurate. 1

A rational analysis of the selection task as optimal data selection

by Mike Oaksford, Nick Chater - 67 – 215535 Deliverable 4.1 , 1994
"... Human reasoning in hypothesis-testing tasks like Wason's (1966, 1968) selection task has been depicted as prone to systematic biases. However, performance on this task has been assessed against a now outmoded falsificationist philosophy of science. Therefore, the experimental data is reassessed ..."
Abstract - Cited by 247 (16 self) - Add to MetaCart
is reassessed in the light of a Bayesian model of optimal data selection in inductive hypothesis testing. The model provides a rational analysis (Anderson, 1990) of the selection task that fits well with people's performance on both abstract and thematic versions of the task. The model suggests

2004): “Endogeneity in Semiparametric Binary Response Models,”Review of Economic Studies

by Richard Blundell, James L. Powell
"... This paper develops and implements semiparametric methods for estimating binary response (binary choice) models with continuous endogenous regressors. It extends existing results on semiparametric estimation in single index binary response models to the case of endogenous regressors. It develops a c ..."
Abstract - Cited by 157 (8 self) - Add to MetaCart
This paper develops and implements semiparametric methods for estimating binary response (binary choice) models with continuous endogenous regressors. It extends existing results on semiparametric estimation in single index binary response models to the case of endogenous regressors. It develops a

Using Bayesian model averaging to calibrate forecast ensembles

by Adrian E. Raftery, Tilmann Gneiting, Fadoua Balabdaoui, Michael Polakowski - MONTHLY WEATHER REVIEW 133 , 2005
"... Ensembles used for probabilistic weather forecasting often exhibit a spread-error correlation, but they tend to be underdispersive. This paper proposes a statistical method for postprocessing ensembles based on Bayesian model averaging (BMA), which is a standard method for combining predictive distr ..."
Abstract - Cited by 144 (34 self) - Add to MetaCart
Ensembles used for probabilistic weather forecasting often exhibit a spread-error correlation, but they tend to be underdispersive. This paper proposes a statistical method for postprocessing ensembles based on Bayesian model averaging (BMA), which is a standard method for combining predictive

Learning overhypotheses with hierarchical Bayesian models

by Charles Kemp, Amy Perfors, Joshua B. Tenenbaum
"... Inductive learning is impossible without overhypotheses, or constraints on the hypotheses considered by the learner. Some of these overhypotheses must be innate, but we suggest that hierarchical Bayesian models help explain how the rest can be acquired. To illustrate this claim, we develop models th ..."
Abstract - Cited by 116 (38 self) - Add to MetaCart
Inductive learning is impossible without overhypotheses, or constraints on the hypotheses considered by the learner. Some of these overhypotheses must be innate, but we suggest that hierarchical Bayesian models help explain how the rest can be acquired. To illustrate this claim, we develop models

Bayesian Model Averaging and Endogeneity Under Model Uncertainty: An Application to Development Determinants

by Theo S. Eicher, Alex Lenkoski, Adrian E. Raftery , 2009
"... Recent approaches to development accounting reflect substantial model uncertainty at both the instrument and the development determinant level. Bayesian Model Averaging (BMA) has been proven useful in resolving model uncertainty in economics, and we extend BMA to formally account for model uncerta ..."
Abstract - Cited by 17 (0 self) - Add to MetaCart
uncertainty in the presence of endogeneity. The new methodology is shown to be highly efficient and to reduce many-instrument bias; in a simulation study we found that IVBMA estimates reduced mean squared error by 60 % over standard IV estimates. We also introduce Bayesian over and under-identification tests

Bayesian bias mitigation for crowdsourcing

by Fabian L. Wauthier, Michael I. Jordan - In Neural Information Processing Systems , 2011
"... Biased labelers are a systemic problem in crowdsourcing, and a comprehensive toolbox for handling their responses is still being developed. A typical crowd-sourcing application can be divided into three steps: data collection, data cura-tion, and learning. At present these steps are often treated se ..."
Abstract - Cited by 24 (1 self) - Add to MetaCart
separately. We present Bayesian Bias Mitigation for Crowdsourcing (BBMC), a Bayesian model to unify all three. Most data curation methods account for the effects of labeler bias by modeling all labels as coming from a single latent truth. Our model captures the sources of bias by describing labelers

Media bias and reputation

by Matthew Gentzkow, Jesse M. Shapiro , 2005
"... A Bayesian consumer who is uncertain about the quality of an information source will infer that the source is of higher quality when its reports conform to the consumer’s prior expectations. We use this fact to build a model of media bias in which firms slant their reports toward the prior beliefs o ..."
Abstract - Cited by 107 (14 self) - Add to MetaCart
A Bayesian consumer who is uncertain about the quality of an information source will infer that the source is of higher quality when its reports conform to the consumer’s prior expectations. We use this fact to build a model of media bias in which firms slant their reports toward the prior beliefs
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