University Libraries Promotion and Tenure Recognition

Sung Jae Jun

Professor of Economics
Book Title
The Theory That Would Not Die
Author
Sharon Bertsch McGrayne
Book Description
This is not a book about economics or econometrics. It is a story book for general audiences about Bayes’ rule. How to use Bayes’ rule for statistical inference is an extremely controversial topic, and I do not always agree with Bayesian econometricians. However, reading a history of the seemingly simple mathematical fact is just exciting. Its discovery, struggle and impact is absolutely worth reading; it is actually fun to read, also.
Year
2021

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