"An excellent introduction to Bayesian statistical theory." Frank Windmeijer Times Higher Education Supplement
"This book is a classic.... The strengths of this text are twofold. First, it gives a general and well-motivated introduction to the principles of Bayesian decision theory that should be accessible to anyone with a good mathematical statistics background. Second, it provides a good introduction to Bayesian inference in general with particular emphasis on the use of subjective information to choose prior distributions." Mark J. Schervish Journal of the American Statistical Association
"This is the authoritative introductory treatise (almost 900 pages) on applied Bayesian statistical theory. It is self-contained and well-presented, developed with great care and obvious affection by the founders of the subject." James M. Dickey Mathematical Reviews
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About the Author
All of the authors are at Harvard University. John W. Pratt is William Ziegler Professor of Business Administration, Howard Raiffa is Frank P. Ramsey Professor of Managerial Economics, and Robert Schlaifer is William Ziegler Professor Emeritus.