Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Języki publikacji
Abstrakty
The paper refines Lenk's concept of improving the performance of the computed harmonic mean estimator (HME) in three directions. First, the adjusted HME is derived from an exact analytical identity. Second, Lenk's assumption concerning the appropriate subset A of the parameter space is significantly weakened. Third, it is shown that, under certain restrictions imposed on A, a fundamental identity underlying the HME also holds for improper prior densities, which substantially extends applicability of the adjusted HME. (original abstract)
Rocznik
Tom
Numer
Strony
271--275
Opis fizyczny
Twórcy
autor
- Cracow University of Economics, Poland
autor
- Cracow University of Economics, Poland
Bibliografia
- [1] Lenk P., (2009), Simulation pseudo-bias correction to the harmonic mean estimator of integrated likelihoods, Journal of Computational and Graphical Statistics,18, 941-960.
- [2] Newton M.A., Raftery A.E., (1994), Approximate Bayesian inference by theweighted likelihood bootstrap [with discussion], Journal of the Royal Statistical Society B, 56, 3-48.
- [3] Osiewalski J., Steel M.F.J., (1993), A Bayesian perspective on model selection, manuscript, published in Spanish as: Una perspectiva bayesiana en selección demodelos, Cuadernos Economicos 55/3, 327-351.
- [4] Zellner A., (1971), An Introduction to Bayesian Inference in Econometrics, J.Wiley, New York.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171262261