LAPLACE PRIORI VERSUS JEFFREYS PRIORI: WHICH ONE?
A process to select a non-informative prior distribution makes the user to be faced to several possibilities and he/she thinks that only under some theoretical conditions one could be considered better than other, but in the applied problem this becomes irrelevant. We provide three basic examples th...
| Main Authors: | , |
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| Format: | Article |
| Language: | Spanish |
| Published: |
Universidad Nacional de Colombia, sede Medellín
2013-07-01
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| Series: | Revista de la Facultad de Ciencias |
| Subjects: | |
| Online Access: | https://revistas.unal.edu.co/index.php/rfc/article/view/49220 |
| Summary: | A process to select a non-informative prior distribution makes the user to be faced to several possibilities and he/she thinks that only under some theoretical conditions one could be considered better than other, but in the applied problem this becomes irrelevant. We provide three basic examples that show that the choice is important and it depends on the underlying sample distributions, but also, on parameter
values. |
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| ISSN: | 0121-747X 2357-5549 |