Showing 1 - 10 of 16
This paper deals with the issue of modeling daily catches of fishing boats in the Grand Bank fishing grounds. We have data on catches per species for a number of vessels collected by the European Union in the context of the North Atlantic Fisheries Organization. Many variables can be thought to...
Persistent link: https://www.econbiz.de/10011092179
The reference prior algorithm (Berger and Bernardo, 1992) is applied to locationscale models with any regular sampling density. A number of two-sample problems is analyzed in this general context, extending the dierence, ratio and product of Normal means problems outside Normality, while...
Persistent link: https://www.econbiz.de/10011090629
We formulate a general representation of points z 2 <n
Persistent link: https://www.econbiz.de/10011090637
We consider a Bayesian analysis of the stochastic frontier model with composed error.Under a commonly used class of (partly) noninformative prior distributions, the existence of the posterior distribution and of posterior moments is examined.Viewing this model as a Normal linear regression model...
Persistent link: https://www.econbiz.de/10011090882
We point out that Bayesian inference on the basis of a given sample is not always possible with continuous sampling models, even under a proper prior. The reason for this paradoxical situation is explained, and its empirical relevance is linked to coarse gathering of data, such as rounding. A...
Persistent link: https://www.econbiz.de/10011090902
Persistent link: https://www.econbiz.de/10011090927
The reference prior algorithm (Berger and Bernardo 1992) is applied to multivariate location-scale models with any regular sampling density, where we establish the irrelevance of the usual assumption of Normal sampling if our interest is in either the location or the scale. This result...
Persistent link: https://www.econbiz.de/10011091094
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Persistent link: https://www.econbiz.de/10011091689
We consider likelihood-based inference from multivariate regression models with independent Student-t errors. Some very intruiging pitfalls of both Bayesian and classical methods on the basis of point observations are uncovered. Bayesian inference may be precluded as a consequence of the coarse...
Persistent link: https://www.econbiz.de/10011092159