Eksempler på prior

• Both uniform and normal priors are used in the model, respectively, to see the effect of priors on posterior inference.

• We use non-informative normal (0, 10) priors for all transformed parameters.

• Because now all priors are uniform over specified intervals, the procedure is now equivalent to constrained maximum likelihood.

• A politician who listens quite selectively to the discussion among economists can always find some expert views that support his or her own priors.

• Such findings are in line with our priors, though we also expected management tools to positively affect tree planting.

• Their restrictions didn't correspond to our true priors.

• Several methods exist for determining noninformative priors; however, there is no consensus as to the best method (1, 73-74).

• Finally, the same probabilities using stronger priors could be added and contrasted.

• Many of us have strong priors on welfare issues, and it is often painful to find out that your priors do not always hold.

• The demonstration of an error is considered important because the implicit priors suggest that such a demonstration would be difficult to obtain.

• We also used informed priors in the current study, for comparison.

• Moreover, his focus is not exclusively on correctness but, importantly, on the universe of decision-makers whose "priors" will be decisive.

• Since only one case existed for the privatisation status, priors under privatisation have been attributed the same uncertainty (variance) as priors under non-privatisation.

• Actually, when an investor follows the herd because of the (assumed) presence of information asymmetries, he or she should coherently revise his or her priors.

• Other possibilities are skeptical priors, which might be particularly appropriate for regulatory authorities (32), enthusiastic priors (32), or extreme priors that provide bounds (5).