CAFIN/Dept of AMS Event: Recent Advances in Modeling and Decision Making Under Uncertainty

Professor Mike West, Arts and Sciences Professor of Statistics and Decision Sciences, Duke University, delivered a talk titled "Bayesian Predictive Synthesis." The talk revisited a theoretical framework for model and forecast uncertainty assessment that links back to 1980s/90s literatures cutting across statistics, economics, management science and other fields. it developed a coherent theoretical basis, using Bayesian methods, for combining multiple forecasts, and illustrated the methodology with an example of forecasting inflation, a major concern of central banks around the world.

  •  Prof. Mike West, Arts and Sciences Professor of Statistics and Decision Sciences, Duke University
  • Prof Mike West