Analysis of all-zero binomial outcomes with borderline and equilibrium priors

This article is concerned with the analysis of a random sample from a binomial distribution when all the outcomes are zero (or unity). We discuss how elicitation of the prior can be reduced to asking the expert whether (and which of) the so-called borderline or equilibrium priors are plausible.

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Year of publication:	2009
Authors:	Longford, Nicholas
Published in:	Journal of Applied Statistics. - Taylor & Francis Journals, ISSN 0266-4763. - Vol. 36.2009, 11, p. 1259-1265
Publisher:	Taylor & Francis Journals
Subject:	beta distribution \| borderline prior \| equilibrium prior \| expected loss \| plausible prior

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009226413