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Bayesian estimation of proportions with a cross-entropy prior
Authors:Arthur T. Denzau  Patrick C. Gibbons  Edward Greenberg
Affiliation:1. Economics Dept , Washington Univ, St , Louis, MO 83130;2. Physics Dept , Washington Univ , St. Louis, MO 83130;3. Economics Dept , Washington Univ , St. Louis, MO 83130
Abstract:This paper suggests estimators of the frequencies (N8) or proportions {N8/N) of N distinguishable objects contained in S categories; given various types of information, We consider information in the form of exact constraints on the N8, sample frequencies, and frequencies of related data, The analysis uses Bayesian methods, where the prior distribution is assumed to be a function of the cross-entropy between the N8 and a reference distribution, We show the relationship between our estimator and the log-linear and logit models and also present a sampling experiment to compare our proposed estimator with the iterated proportional fitting estimator.
Keywords:Bayesian methods  contingency tables  IPF  log-linear model  logit models maximum entropy
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