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Preview model selection : The New Palgrave Dictionary of Economics pdf file

Sep 18, 2008 ... From The New Palgrave Dictionary of Economics, Second Edition, 2008 .... A related set-up where model selection is usually based on statistical methods is the ..... (8). This posterior probability of each model provides a direct measure of the 'plausibility' of each model. .... In Handbook of Econometrics, vol.

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