CHAPTER 1   Introduction 1
CHAPTER 2   The Bayesian Paradigm 6
CHAPTER 3   Prior and Posterior Information, Predictive Inference 22
CHAPTER 4   Bayesian Linear Regression Model 43

CHAPTER 5   Bayesian Numerical Computation 61

CHAPTER 6   Bayesian Framework For Portfolio Allocation 92

CHAPTER 7   Prior Beliefs and Asset Pricing Models 118

CHAPTER 8   The Black-Litterman Portfolio Selection Framework 141

CHAPTER 9   Market Efficiency and Return Predictability 162

CHAPTER 10   Volatility Models 185

CHAPTER 11    Bayesian Estimation of ARCH-Type Volatility Models 202

CHAPTER 12    Bayesian Estimation of Stochastic Volatility Models 229

CHAPTER 13    Advanced Techniques for Bayesian Portfolio Selection 247

CHAPTER 14    Multifactor Equity Risk Models 280

References 298
Index 311