Analysis of all-zero binomial outcomes with borderline and equilibrium priors |
| |
Authors: | Nicholas T. Longford |
| |
Affiliation: | SNTL and UPF , Barcelona, Spain |
| |
Abstract: | This article is concerned with the analysis of a random sample from a binomial distribution when all the outcomes are zero (or unity). We discuss how elicitation of the prior can be reduced to asking the expert whether (and which of) the so-called borderline or equilibrium priors are plausible. |
| |
Keywords: | beta distribution borderline prior equilibrium prior expected loss plausible prior |
|