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On the Uniform Approximation of Laplace′s Prior by t-Priors in Location Problems

✍ Scribed by S. Mukhopadhyay; M. Ghosh


Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
311 KB
Volume
54
Category
Article
ISSN
0047-259X

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✦ Synopsis


The problem of deriving robust and classically acceptable Bayesian inference on location parameters is considered in this paper. The main result of the paper allows one to obtain uniform posterior approximation starting with likelihood functions with heavy tails, e.g., t-distributions with unknown location. The approximations of the relevant Bayes quantities are obtained as well. 1995 Academic Press. Inc