Analysis of all-zero binomial outcomes with borderline and equilibrium priors
This article is concerned with the analysis of a random sample from a binomial distribution when all the outcomes are zero (or unity). We discuss how elicitation of the prior can be reduced to asking the expert whether (and which of) the so-called borderline or equilibrium priors are
plausible.
Keywords: beta distribution; borderline prior; equilibrium prior; expected loss; plausible prior
Document Type: Research Article
Affiliations: SNTL and UPF, Barcelona, Spain
Publication date: 01 November 2009
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