Year: 2014
Type: preprint
Abstract: In this paper we propose an objective Bayesian estimation approach for the parameters of the generalized gamma distribution. Various reference priors are obtained, but showing that they lead to improper posterior distributions. We overcome this problem by proposing a modification in a reference priori distribution, allowing for a proper posterior distribution for the parameters of the generalized gamma distribution. We perform a simulation study in order to study the efficiency of the proposed methodology, which is also fully illustrated on a real data set.
Source: arXiv (Cornell University)
Authors: Ramos, Pedro L., Louzada, Francisco
Institution: Universidade de São Paulo
Language: English
Subfield: Statistics and Probability
Field: Mathematics
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W20374031