Goldstein, M. and Seheult, A. H. (2008) 'Prior viability assessment for Bayesian analysis.', Journal of statistical planning and inference., 138 (5). pp. 1271-1286.
We address the problem of determining whether the cost of a proposed Bayesian analysis is likely to be justified by the potential benefit. A method is described for identifying the likely order of magnitude benefits from the analysis, and this approach is applied to an example concerning trading on the sugar market.
|Keywords:||Bayes linear analysis, Commodity trading, Preposterior analysis, Price forecasting, Random walk, Temporal sure preference, Value of analysis.|
|Full text:||Full text not available from this repository.|
|Publisher Web site:||http://dx.doi.org/10.1016/j.jspi.2007.04.023|
|Record Created:||15 Feb 2008|
|Last Modified:||08 Apr 2010 16:36|
|Social bookmarking:||Export: EndNote, Zotero | BibTex|
|Usage statistics||Look up in GoogleScholar | Find in a UK Library|