Search Results - subject:"reversible jump algorithm"

The determinants of technology adoption by UK farmers using Bayesian model averaging: the cases of organic production and computer usage

Tiffin, Richard; Balcombe, Kelvin - In: Australian Journal of Agricultural and Resource Economics 55 (2011) 4

We review and implement a reversible jump approach to Bayesian model averaging for the Probit model with uncertain regressors. Two applications are investigated. The first is the adoption of organic systems in UK farming, and the second is the influence of farm and farmer characteristics on the...

Persistent link: https://www.econbiz.de/10011167652

Bayesian Dirichlet mixture model for multivariate extremes: A re-parametrization

Sabourin, Anne; Naveau, Philippe - In: Computational Statistics & Data Analysis 71 (2014) C, pp. 542-567

The probabilistic framework of extreme value theory is well-known: the dependence structure of large events is characterized by an angular measure on the positive orthant of the unit sphere. The family of these angular measures is non-parametric by nature. Nonetheless, any angular measure may be...

Persistent link: https://www.econbiz.de/10010719655

Bayesian estimation of discrete games of complete information

Narayanan, Sridhar - In: Quantitative Marketing and Economics 11 (2013) 1, pp. 39-81

the analysts uncertainty over them. We develop a sampler, using the reversible jump algorithm to generate draws from the …

Persistent link: https://www.econbiz.de/10010865203

Bayesian estimation of discrete games of complete information

Narayanan, Sridhar - In: Quantitative marketing and economics : QME 11 (2013) 1, pp. 39-81

Persistent link: https://www.econbiz.de/10009744666