Journal of the Korean Statistical Society
- Volume 14 Issue 2
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- Pages.95-99
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- 1985
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- 1226-3192(pISSN)
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- 2005-2863(eISSN)
Bayesian Analysis of GLEM with Half-Normal Prior
Abstract
In this paper, Bayesian analysiss of the general linear econometric model is carried out by using a multinomal prior for the vector of unknown regression coefficents and a half-normal prior for the standard deviation of the disturbances.
Keywords