Basturk, Nalan; Çakmaklı, Cem; Ceyhan, S. Pinar; … - 2014 - December 2013, revised July 2014
This paper starts with a brief description of the introduction of the likelihood approach in econometrics as presented in Cowles Foundation Monographs 10 and 14. A sketch is given of the criticisms on this approach mainly from the first group of Bayesian econometricians. Publication and citation...