EconPapers    
Economics at your fingertips  
 

On the Flatland paradox and limiting arguments

P. Druilhet

Communications in Statistics - Theory and Methods, 2017, vol. 46, issue 24, 12281-12289

Abstract: We revisit the Flatland paradox proposed by Stone (1976), which is an example of non conglomerability. The main novelty in the analysis of the paradox is to consider marginal versus conditional models rather than proper versus improper priors. We show that in the first model a prior distribution should be considered as a probability measure, whereas, in the second one, a prior distribution should be considered in the projective space of measures. This induces two different kinds of limiting arguments which are useful to understand the paradox. We also show that the choice of a flat prior is not adapted to the structure of the parameter space and we consider an improper prior based on reference priors with nuisance parameters for which the Bayesian analysis matches the intuitive reasoning.

Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/03610926.2017.1295157 (text/html)
Access to full text is restricted to subscribers.

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:taf:lstaxx:v:46:y:2017:i:24:p:12281-12289

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/lsta20

DOI: 10.1080/03610926.2017.1295157

Access Statistics for this article

Communications in Statistics - Theory and Methods is currently edited by Debbie Iscoe

More articles in Communications in Statistics - Theory and Methods from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:lstaxx:v:46:y:2017:i:24:p:12281-12289