We tackle two limitations of standard instrumental variable regression in experimental and observational studies: restricted estimation to the conditional mean of the outcome and the assumption of a linear relationship between regressors and outcome. More flexible regression approaches that...

Bayesian methods have become increasingly popular in the past two decades. With the constant rise of computational power even very complex models can be estimated on virtually any modern computer. Moreover, interest has shifted from conditional mean models to probabilistic distributional models...

Bayesian methods have become increasingly popular in the past two decades. With the constant rise of computational power even very complex models can be estimated on virtually any modern computer. Moreover, interest has shifted from conditional mean models to probabilistic distributional models...