A Method for Constructing a Unimodal Inferential or Prior Distribution.
Abstract
This paper shows how to take personally assessed information and use it to develop a continuous unimodal prior density function, perhaps for subsequent Bayesian analysis. The method is completely nonparametric and uses only the furnished information and no other. The technique is easily computerized, and yields a closed analytical formula for the prior. The resulting distribution may be considered to be an inferential distribution. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1984
- Accession Number
- ADA141389
Entities
People
- Abraham Charnes
- K. Paick
- P. Brockett
Organizations
- University of Texas at Austin