Search Results - subject:"Non-informative priors"

A TWO-COMPONENT NORMAL MIXTURE ALTERNATIVE TO THE FAY-HERRIOT MODEL

Chakraborty, Adrijo; Datta, Gauri Sankar; Mandal, Abhyuday - In: Statistics in Transition New Series 17 (2016) 1, pp. 67-90

Persistent link: https://www.econbiz.de/10012141608

Прогнозування розвитку економіки України на основі баєсівських авторегресійних (BVAR) моделей з різними priors...

Matkovskyy, Roman - Volkswirtschaftliche Fakultät, … - 2012

In this article the theoretical analysis and practical application of Bayesian approach for vector autoregressive model parameters estimation with different priors have been peformed. The time series was from 2001Q1 to 2010Q4 and included the following variables: GDP, CPI, exchange rate,...

Persistent link: https://www.econbiz.de/10011259746

A new approach to construction of objective priors: Hellinger information

Shemyakin, Arkady - In: Applied Econometrics 28 (2012) 4, pp. 124-137

Non-informative priors play crucial role in objective Bayesian analysis. Most popular ways of construction of non-informative … construction of non-informative priors is suggested based on the concept of Hellinger information related to Hellinger distance … in non-regular situations, when Fisher information does not exist. Non-informative priors based on Hellinger information …

Persistent link: https://www.econbiz.de/10010841016

A bayesian model averaging approach with non-informative priors for cost-effectiveness analyses in health economics

Conigliani, Caterina - Dipartimento di Economia, Università degli Studi di Roma 3 - 2008

We consider the problem of assessing new and existing technologies for their cost-effectiveness in the case where data on both costs and effects are available from a clinical trial, and we address it by means of the cost-effectiveness acceptability curve. The main difficulty in these analyses is...

Persistent link: https://www.econbiz.de/10005449331

Deriving Reference Decisions

Rabena, M. - In: TEST: An Official Journal of the Spanish Society of … 7 (1998) 1, pp. 161-177

Persistent link: https://www.econbiz.de/10005759566