Bayesian Synthesis or Likelihood Synthesis - What Does the Borel Paradox Say?
T. Schweder and
N.L. Hjort
Memorandum from Oslo University, Department of Economics
Abstract:
The relevance of the Borel paradox to Bayesian Synthesis is explained and illustrated by examples related to the assessment of bowhead whales. It is argued that the paradox is a serious, and that if conditions for the paradox to be of minor concern are observed, the attraction of the Bayesian Synthesis method will fade, sine then the freedom of disregarding the constraints of the deterministic model when carrying out the initial statistical analysis is destroyed.
Keywords: STATISTICS; LIKELIHOOD FUNCTION (search for similar items in EconPapers)
JEL-codes: C10 C11 C19 (search for similar items in EconPapers)
Pages: 14 pages
Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (4)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hhs:osloec:1996_013
Access Statistics for this paper
More papers in Memorandum from Oslo University, Department of Economics Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway. Contact information at EDIRC.
Bibliographic data for series maintained by Mari Strønstad Øverås ().