EconPapers    
Economics at your fingertips  
 

Bayesian Poisson models for the graphical combination of dependent expert information

Jim Q. Smith and Álvaro E. Faria, Jr

Journal of the Royal Statistical Society Series B, 2000, vol. 62, issue 3, 525-544

Abstract: A supra‐Bayesian (SB) wants to combine the information from a group of k experts to produce her distribution of a probability θ. Each expert gives his counts of what he thinks are the numbers of successes and failures in a sequence of independent trials, each with probability θ of success. These counts, used as a surrogate for each expert's own individual probability assessment (together with his associated level of confidence in his estimate), allow the SB to build various plausible conjugate models. Such models reflect her beliefs about the reliability of different experts and take account of different possible patterns of overlap of information between them. Corresponding combination rules are then obtained and compared with other more established rules and their properties examined.

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/1467-9868.00248

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:bla:jorssb:v:62:y:2000:i:3:p:525-544

Ordering information: This journal article can be ordered from
http://ordering.onli ... 1111/(ISSN)1467-9868

Access Statistics for this article

Journal of the Royal Statistical Society Series B is currently edited by P. Fryzlewicz and I. Van Keilegom

More articles in Journal of the Royal Statistical Society Series B from Royal Statistical Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-19
Handle: RePEc:bla:jorssb:v:62:y:2000:i:3:p:525-544