The past decade has witnessed significant advances in causal inference and Bayesian network learning, two intertwined disciplines that allow researchers to discern underlying cause‐and‐effect ...

Bayesian networks, also known as Bayes nets, belief networks, or decision networks, are a powerful tool for understanding and reasoning about complex systems under uncertainty. They are essentially ...

It is well known that standard frequentist inference breaks down in IV regressions with weak instruments. Bayesian inference with diffuse priors suffers from the same problem. We show that the issue ...