Prior viability assessment for Bayesian analysis
(2008)
Journal Article
Goldstein, M., & Seheult, A. H. (2008). Prior viability assessment for Bayesian analysis. Journal of Statistical Planning and Inference, 138(5), 1271-1286. https://doi.org/10.1016/j.jspi.2007.04.023
We address the problem of determining whether the cost of a proposed Bayesian analysis is likely to be justified by the potential benefit. A method is described for identifying the likely order of magnitude benefits from the analysis, and this approa... Read More about Prior viability assessment for Bayesian analysis.