Structural Bayesian techniques for experimental and behavioral economy, with applications in R and Stan workshop | R-Bloggers

Become a member of our workshop on structural Bayesian techniques for experimental and behavioral economics, with applications in R and Stan, which is part of our workshops for Ukraine series!

Here is some more info:

Title: Structural Bayesian techniques for experimental and behavioral economy, with applications in R and Stan

Date: Thursday, October 16, 18:00 – 20:00 CEST (Rome, Berlin, Paris Timezone)

Speaker: James BLAND (Orcid: https://orcid.org/0000-0002-7117-9998) is an university teacher at the University of Toledo (US). His research interests are experimental economy and econometrics at the intersection, and are mainly focused on applied Bayesian econometrics. His free online book “Structural Bayesian techniques for experimental and behavioral economics, with applications in R and Stan” (https://jamesblandcon.github.io/structuralbayesiantechniques/section.html) is a practical guide to do these things, and covered others that he and others that he and others that he and others.

Description: If you have an economic model, you can basically estimate its parameters with the help of structural techniques. In experimental and behavioral economics, these models usually describe how people make decisions, describing phenomena, such as distribution approvals, risk aversion, time preferences, levels of strategic thinking and strategies that players use in games. Bayesian techniques are particularly good for estimating these models for at least three reasons. Firstly, hierarchical Bayesian modeling treats the heterogeneity that we can expect between participants in economic experiments. Secondly, when we do structural estimate, we are often interested in reporting transformations of the parameters of our model, and this is very easy to implement in the Bayesian framework. Finally, recent developments in the software for estimating Bayesian models have made this easier and less computational.

This workshop will introduce you to structural modeling of data from economic experiments. We will use data from real economic experiments to estimate these models with the help of Stan. Stan is a free probabilistic programming language and can be used within R with the RSTAN Library. With the help of a model of other preferences as an example, we will learn how to build a fully probabilistic model from an economic model that makes deterministic predictions. We will then build a plausible heterogeneity between the participant in this model. Finally, we will use our model to make an outside prediction.

Minimum registration costs: 20 euros (or 20 USD or 800 UAH)

))

Please note that the registration confirmation is sent to all registered participants 1 day before the workshop instead of immediately after registration

How can I register?

• Save your donation reception (after the donation has been processed, there is an option to enter your e -mail address on the website to which the donation reception is sent)

• Fill the registration formAdding a screenshot of a donation reception proof (add the screenshot of the donation reception certificate that has been emailed to you instead of the page you see after donation).

If you are not personally interested in attending, you can also contribute by sponsoring a student’s participation, who can then participate for free. If you choose to sponsor a student, all proceeds also go directly to organizations that work in Ukraine. You can sponsor a certain student or you can leave it to us so that we can assign the sponsored place to students who have registered for the waiting list.

How can I sponsor a student?

• Save your donation reception (after the donation has been processed, there is an option to enter your e -mail address on the website to which the donation reception is sent)

• Fill the sponsor formAdding the screenshot of the donation reception (add the screenshot of the donation reception certificate that has been mailed to you instead of the page you see after the donation). You can indicate whether you want to sponsor a certain student or we can assign this place to the students of the waiting list. You can also indicate whether you prefer to prioritize students from developing countries when assigning place (s) that you have sponsored.

If you are a university student and cannot pay the registration costs, you can also register for the waiting list here. (Note that you are not guaranteed to participate by registering for the waiting list).

You can also find more information about this workshop series, a schedule of our future workshops and a list of our previous workshops that you can get the recordings and materials here.

I look forward to seeing you during the workshop!

---

Structural Bayesian techniques for experimental and behavioral economy, with applications in R and Stan workshop Was posted for the first time on September 14, 2025 at 1:56 PM.

Related