Hierarchical Transmuted Log-Logistic Model: A Subjective Bayesian Analysis

Hierarchical Transmuted Log-Logistic Model: A Subjective Bayesian Analysis

In this study, we propose to apply the transmuted log-logistic (TLL) model which is a generalization of log-logistic model, in a Bayesian context. The log-logistic model has been used it is simple and has a unimodal hazard rate, important characteristic in survival analysis. Also, the TLL model was...

Full description

Bibliographic Details
Main Authors: Carlos A. dos Santos, Daniele C. T. Granzotto, Vera L. D. Tomazella, Francisco Louzada
Format: Article
Language:English
Published: MDPI AG 2018-03-01
Series:Journal of Risk and Financial Management
Subjects:
hierarchical Bayesian model
influential analysis
log-logistic distribution
transmuted map
Online Access:http://www.mdpi.com/1911-8074/11/1/13

Internet

http://www.mdpi.com/1911-8074/11/1/13

Similar Items