Bayesian inference has emerged as a powerful tool in the analysis of queueing systems, blending probability theory with statistical estimation to update beliefs about system parameters as new data ...
It is well known that standard frequentist inference breaks down in IV regressions with weak instruments. Bayesian inference with diffuse priors suffers from the same problem. We show that the issue ...
The parametric bootstrap can be used for the efficient computation of Bayes posterior distributions. Importance sampling formulas take on an easy form relating to the deviance in exponential families ...
This is a preview. Log in through your library . Abstract A major problem with the Bayesian analysis of statistical models is that the computation of posterior and predictive summaries typically ...
Bayesian methods combine information from various sources and are increasingly used in biomedical and public health settings to accommodate complex data and produce readily interpretable output. This ...