Posterior model probabilities via path‐based pairwise priors
In: Statistica Neerlandica: journal of the Netherlands Society for Statistics and Operations Research, Band 59, Heft 1, S. 3-15
ISSN: 1467-9574
We focus on Bayesian model selection for the variable selection problem in large model spaces. The challenge is to search the huge model space adequately, while accurately approximating model posterior probabilities for the visited models. The issue of choice of prior distributions for the visited models is also important.