EconPapers    
Economics at your fingertips  
 

On the role of latent variable models in the era of big data

Francesco Bartolucci, Silvia Bacci and Antonietta Mira

Statistics & Probability Letters, 2018, vol. 136, issue C, 165-169

Abstract: We discuss how latent variable models are useful to deal with the complexities of big data from different perspectives: simplification of data structure; flexible representation of dependence between variables; reduction of selection bias. Problems involved in parameter estimation are also discussed.

Keywords: Bayesian inference; Complex data; Maximum likelihood estimation; Parallel computing; Selection bias (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0167715218300683
Full text for ScienceDirect subscribers only

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:eee:stapro:v:136:y:2018:i:c:p:165-169

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.spl.2018.02.023

Access Statistics for this article

Statistics & Probability Letters is currently edited by Somnath Datta and Hira L. Koul

More articles in Statistics & Probability Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-23
Handle: RePEc:eee:stapro:v:136:y:2018:i:c:p:165-169