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Author:Gavasakar, V.
Title:A comparison of two elicitation methods for a prior distribution for a binomial parameter.
Journal:Management Science
1988 : JUN, VOL. 34:6, p. 783-790
Index terms:PROBABILITY
BAYESIAN STATISTICS
Language:eng
Abstract:For the Bayesian approach to be operational, reliable methods of elicitation are essential. The study of elicitation methods is just beginning. Some of the current effort is directed toward constructing methods of elicitation for popular models, while some is aimed at comparing such methods. Made is a contribution in both senses, by proposing an elicitation method for the binomial sampling model, and by using an explicit model of elicitation error to compare it to the method of Chaloner and Duncan.
SCIMA record nr: 60831
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