The Practice of Bayesian Analysis

The purpose of this book is twofold. First, it has been written to advertise the advantages a Bayesian analysis can bring. New statistical and decision models can be tailored to the unique beliefs, values and needs of the user, and the implications of the data she collects can be analysed with reference to this underlying structure. The second purpose is to provide an analyst wanting to apply the Bayesian methodology with a resource of examples and techniques, so that she may be better informed about the scope of opportunities and the pitfalls inherent in such an analysis.