Скачать книгу - The Subjectivity of Scientists and the Bayesian Approach



Comparing and contrasting the reality of subjectivity in the work of history's great scientists and the modern Bayesian approach to statistical analysis Scientists and researchers are taught to analyze their data from an objective point of view, allowing the data to speak for themselves rather than assigning them meaning based on expectations or opinions. But scientists have never behaved fully objectively. Throughout history, some of our greatest scientific minds have relied on intuition, hunches, and personal beliefs to make sense of empirical data-and these subjective influences have often aided in humanity's greatest scientific achievements. The authors argue that subjectivity has not only played a significant role in the advancement of science, but that science will advance more rapidly if the modern methods of Bayesian statistical analysis replace some of the classical twentieth-century methods that have traditionally been taught. To accomplish this goal, the authors examine the lives and work of history's great scientists and show that even the most successful have sometimes misrepresented findings or been influenced by their own preconceived notions of religion, metaphysics, and the occult, or the personal beliefs of their mentors. Contrary to popular belief, our greatest scientific thinkers approached their data with a combination of subjectivity and empiricism, and thus informally achieved what is more formally accomplished by the modern Bayesian approach to data analysis. Yet we are still taught that science is purely objective. This innovative book dispels that myth using historical accounts and biographical sketches of more than a dozen great scientists, including Aristotle, Galileo Galilei, Johannes Kepler, William Harvey, Sir Isaac Newton, Antoine Levoisier, Alexander von Humboldt, Michael Faraday, Charles Darwin, Louis Pasteur, Gregor Mendel, Sigmund Freud, Marie Curie, Robert Millikan, Albert Einstein, Sir Cyril Burt, and Margaret Mead. Also included is a detailed treatment of the modern Bayesian approach to data analysis. Up-to-date references to the Bayesian theoretical and applied literature, as well as reference lists of the primary sources of the principal works of all the scientists discussed, round out this comprehensive treatment of the subject. Readers will benefit from this cogent and enlightening view of the history of subjectivity in science and the authors' alternative vision of how the Bayesian approach should be used to further the cause of science and learning well into the twenty-first century.


The power of religion on the mind in retirement, affliction and at the approach of death The power of religion on the mind in retirement, affliction and at the approach of death

Автор: Lindley Murray

Год издания: 

Полный вариант заголовка: «The power of religion on the mind in retirement, affliction and at the approach of death : exemplified in the testimonies and experience of persons distinguished by their greatness, learning, or virtue / by Lindley Murray».


Contemporary issues of sustainable rural development: international approaches and experiences of Eastern Europe and Russia / Современные аспекты устойчивого развития сельской местности: международные Contemporary issues of sustainable rural development: international approaches and experiences of Eastern Europe and Russia / Современные аспекты устойчивого развития сельской местности: международные

Автор: Коллектив авторов

Год издания: 

Монография предназначена для научных сотрудников, преподавателей, аспирантов и студентов вузов экономических, гуманитарных, сельскохозяйственных и туристических специальностей, а также всех интересующихся современным состоянием и перспективами устойчивого развития сельских территорий, подходами к обеспечению устойчивого развития в разных странах мира, включая Европейский Союз в целом и регион Восточной Европы в частности, Содружество Независимых Государств и Россию. Кроме вопросов устойчивого развития сельских территорий в монографии рассмотрены аспекты повышения устойчивости сельскохозяйственного производства, проблемы обеспечения продовольственной безопасности, современные тенденции международной торговли сельскохозяйственной продукцией и продовольствием в условиях либерализации торговых отношений, перспективы развития сельского туризма как фактора обеспечения устойчивого развития сельских территорий, а также направления рационального природопользования и реализации природного и ресурсного потенциала различных стран. Монография издана за счет средств гранта ФГБОУ ВПО Ставропольский ГАУ в области науки и инноваций для молодых ученых.


Influence of asymmetrical military confrontation on market structure. From the Behavioral point of view by Semiotic approach Influence of asymmetrical military confrontation on market structure. From the Behavioral point of view by Semiotic approach

Автор: Georgi Hristov

Год издания: 

In this work I look how the conflicts influence on the market structure and its peculiar communication. At the same time is appraised the semiotic substance and power of the signs for the interpretation of a coercive changing economic reality. In the specific aspects of examination are included typical moments of military confrontation in Ukraine and in the territories, where Islamic State has activity. Some observations of the wars in ex-Yugoslavia from the 90s are also included.


Bayesian Risk Management. A Guide to Model Risk and Sequential Learning in Financial Markets Bayesian Risk Management. A Guide to Model Risk and Sequential Learning in Financial Markets

Автор: Matt Sekerke

Год издания: 

A risk measurement and management framework that takes model risk seriously Most financial risk models assume the future will look like the past, but effective risk management depends on identifying fundamental changes in the marketplace as they occur. Bayesian Risk Management details a more flexible approach to risk management, and provides tools to measure financial risk in a dynamic market environment. This book opens discussion about uncertainty in model parameters, model specifications, and model-driven forecasts in a way that standard statistical risk measurement does not. And unlike current machine learning-based methods, the framework presented here allows you to measure risk in a fully-Bayesian setting without losing the structure afforded by parametric risk and asset-pricing models. Recognize the assumptions embodied in classical statistics Quantify model risk along multiple dimensions without backtesting Model time series without assuming stationarity Estimate state-space time series models online with simulation methods Uncover uncertainty in workhorse risk and asset-pricing models Embed Bayesian thinking about risk within a complex organization Ignoring uncertainty in risk modeling creates an illusion of mastery and fosters erroneous decision-making. Firms who ignore the many dimensions of model risk measure too little risk, and end up taking on too much. Bayesian Risk Management provides a roadmap to better risk management through more circumspect measurement, with comprehensive treatment of model uncertainty.


The Mystery of Market Movements. An Archetypal Approach to Investment Forecasting and Modelling The Mystery of Market Movements. An Archetypal Approach to Investment Forecasting and Modelling

Автор: Niklas Hageback

Год издания: 

A quantifiable framework for unlocking the unconscious forces that shape markets There has long been a notion that subliminal forces play a great part in causing the seemingly irrational financial bubbles, which conventional economic theory, again and again, fails to explain. However, these forces, sometimes labeled ‘animal spirits’ or ‘irrational exuberance, have remained elusive – until now. The Mystery of Market Movements provides you with a methodology to timely predict and profit from changes in human investment behaviour based on the workings of the collective unconscious. Niklas Hageback draws in on one of psychology's most influential ideas – archetypes – to explain how they form investor’s perceptions and can be predicted and turned into profit. The Mystery of Market Movements provides; A review of the collective unconscious and its archetypes based on Carl Jung’s theories and empirical case studies that highlights and assesses the influences of the collective unconscious on financial bubbles and zeitgeists For the first time being able to objectively measure the impact of archetypal forces on human thoughts and behaviour with a view to provide early warning signals on major turns in the markets. This is done through a step-by-step guide on how to develop a measurement methodology based on an analysis of the language of the unconscious; figurative speech such as metaphors and symbolism, drawn out and deciphered from Big Data sources, allowing for quantification into time series The book is supplemented with an online resource that presents continuously updated bespoken archetypal indexes with predictive capabilities to major financial indexes Investors are often unaware of the real reasons behind their own financial decisions. This book explains why psychological drivers in the collective unconscious dictates not only investment behaviour but also political, cultural and social trends. Understanding these forces allows you to stay ahead of the curve and profit from market tendencies that more traditional methods completely overlook.