𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Bayesian modeling for large spatial datasets

✍ Scribed by Sudipto Banerjee; Montserrat Fuentes


Publisher
Wiley (John Wiley & Sons)
Year
2011
Tongue
English
Weight
326 KB
Volume
4
Category
Article
ISSN
0163-1829

No coin nor oath required. For personal study only.

✦ Synopsis


Abstract

We focus upon flexible Bayesian hierarchical models for scientific data available at geo‐coded locations. Investigators are increasingly turning to spatial process models to analyze such datasets. These models are customarily estimated using Markov Chain Monte Carlo (MCMC) methods, which have become especially popular for spatial modeling, given their flexibility and power to fit models that would be infeasible otherwise. However, estimating Bayesian spatial process models is undermined by prohibitive computational expenses associated with parameter estimation. Classes of low‐rank spatial process models are increasingly being deployed to resolve this problem by projecting spatial effects to a lower‐dimensional subspace. We discuss how a low‐rank process called the β€˜predictive process’ seamlessly enters the hierarchical modeling framework and helps us accrue substantial computational benefits. WIREs Comp Stat 2012, 4:59–66. doi: 10.1002/wics.187

This article is categorized under:

Statistical and Graphical Methods of Data Analysis > Bayesian Methods and Theory

Data: Types and Structure > Image and Spatial Data

Statistical and Graphical Methods of Data Analysis > Markov Chain Monte Carlo (MCMC)

Data: Types and Structure > Image and Spatial Data


πŸ“œ SIMILAR VOLUMES


Forecasting large datasets with Bayesian
✍ Andrea Carriero; George Kapetanios; Massimiliano Marcellino πŸ“‚ Article πŸ“… 2010 πŸ› John Wiley and Sons 🌐 English βš– 208 KB

The paper addresses the issue of forecasting a large set of variables using multivariate models. In particular, we propose three alternative reduced rank forecasting models and compare their predictive performance for US time series with the most promising existing alternatives, namely, factor model

Kernel matching pursuit for large datase
✍ Vlad Popovici; Samy Bengio; Jean-Philippe Thiran πŸ“‚ Article πŸ“… 2005 πŸ› Elsevier Science 🌐 English βš– 215 KB