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Starting with a carefully formulated Dirichlet process (DP) mixture model, we derive a generalized product partition model (GPPM) in which the partition process is predictor-dependent. The GPPM generalizes DP clustering to relax the exchangeability assumption through the incorporation of...
Persistent link: https://www.econbiz.de/10009475421
This article considers a methodology for flexibly characterizing the relationship between a response and multiple predictors. Goals are (1) to estimate the conditional response distribution addressing the distributional changes across the predictor space, and (2) to identify important predictors...
Persistent link: https://www.econbiz.de/10009475527
As the popularity of social networks expands, the information users expose to the public has potentially dangerous implications for individual privacy. While social networks allow users to restrict access to their personal data, there is currently no mechanism to enforce privacy concerns over...
Persistent link: https://www.econbiz.de/10009477767
The Gauss-Marquardt-Levenberg (GML) method of computer-based parameter estimation, in common with other gradient-based approaches, suffers from the drawback that it may become trapped in local objective function minima, and thus report optimized parameter values that are not, in fact, optimized...
Persistent link: https://www.econbiz.de/10009447949
corresponding factor graph representation exist.In order to perform inference in such graphs, we describe the `derivative … inference and estimation of CDNs. …
Persistent link: https://www.econbiz.de/10009455298
In this paper we introduce various set inference problems as they appear in finance and propose practical and powerful … discount factors and the admissible mean-variance sets of asset portfolios. We propose to make inference on such sets using … inference on sets. …
Persistent link: https://www.econbiz.de/10010288322
Persistent link: https://www.econbiz.de/10010353200
The main goal of this paper is to describe a method for exact inference in general hybrid Bayesian networks (BNs) (with …
Persistent link: https://www.econbiz.de/10009430949
The bootstrap is a convenient tool for calculating standard errors of the parameter estimates of complicated econometric models. Unfortunately, the bootstrap can be very time-consuming. In a recent paper, Honoré and Hu (2017), we propose a "Poor (Wo)man's Bootstrap" based on one-dimensional...
Persistent link: https://www.econbiz.de/10012030354
Inference about productivity change over time based on data envelopment (DEA) has focused primarily on the Malmquist …
Persistent link: https://www.econbiz.de/10012101069