DOI QR코드

DOI QR Code

On the Development of Probability Matching Priors for Non-regular Pareto Distribution

Lee, Woo Dong;Kang, Sang Gil;Cho, Jang Sik

  • 발행 : 2003.08.01

초록

In this paper, we develop the probability matching priors for the parameters of non-regular Pareto distribution. We prove the propriety of joint posterior distribution induced by probability matching priors. Through the simulation study, we show that the proposed probability matching Prior matches the coverage probabilities in a frequentist sense. A real data example is given.

키워드

Pareto Distribution;Noninformative Prior;Probability Matching Prior;Non-regular Case

참고문헌

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