Probability matching priors: a review |
| |
Authors: | Catia Scricciolo |
| |
Institution: | (1) Department of Statistics, Kyungpook National University, Daegu, 702-701, Korea;(2) Department of Applied Statistics, Sangji University, Wonju, 220-702, Korea;(3) Department of Asset Management, Daegu Haany University, Kyungsan, 712-240, Korea |
| |
Abstract: | In recent years, extensive work has been done concerning the derivation of noninformative prior distributions assuring approximate
frequentist validity of Bayesian inferences. This paper provides a review of matching priors obtained via quantiles andvia the distribution function. Various matching criteria are described and discussed. Emphasis is laid on a proposal of designing
priors matching the true coverage probability as well as the false coverage probabilities of contiguous alternatives with
the respective Bayesian counterparts. The review is not primarily meant to be a comprehensive account on the area, but, rather,
to convey the main underlying ideas and point out the relationships between matching priors and other noninformative priors,
such as the Jeifreys’ and the reference priors. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|