Approximating de Finetti's measures for
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Alessandra Guglielmi; Eugenio Melilli
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Article
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2000
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Elsevier Science
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English
β 107 KB
We show how to approximate de Finetti's measure of a partially exchangeable sequence by a mixture of products of Dirichlet measures, explicitly built once the approximation error has been ΓΏxed. These results are used to give a general method for the elicitation of prior distributions corresponding t