Prior Elicitation, Assessment and Inference with a Dirichlet Prior

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Prior Elicitation, Assessment and Inference with a Dirichlet Prior

Methods are developed for eliciting a Dirichlet prior based upon stating bounds on the individual probabilities that hold with high prior probability. This approach to selecting a prior is applied to a contingency table problem where it is demonstrated how to assess the prior with respect to the bias it induces as well as how to check for prior-data conflict. It is shown that the assessment of ...

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ژورنال

عنوان ژورنال: Entropy

سال: 2017

ISSN: 1099-4300

DOI: 10.3390/e19100564