Default priors and predictive performanc
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Theo S. Eicher; Chris Papageorgiou; Adrian E. Raftery
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Article
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2009
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John Wiley and Sons
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English
β 335 KB
Bayesian model averaging (BMA) has become widely accepted as a way of accounting for model uncertainty, notably in regression models for identifying the determinants of economic growth. To implement BMA the user must specify a prior distribution in two parts: a prior for the regression parameters an