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- W2506282021 abstract "SUMMARY A general procedure for computing Bayes factors for the comparison of arbitrary models is described, based on the use of the posterior mean of the likelihood under each model rather than the usual prior mean. The use of the posterior mean has several advantages, including reduced sensitivity to variations in the prior and the avoidance of the Lindley paradox in testing point null hypotheses. The frequency properties of the new procedure are evaluated in standard examples, and a non‐standard example is analysed to show the considerable differences possible between prior and posterior means of the likelihood. Several different justifications of the procedure are given, and a non‐Bayesian direct likelihood interpretation is described." @default.
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- W2506282021 date "1991-09-01" @default.
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- W2506282021 title "Posterior Bayes Factors" @default.
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- W2506282021 doi "https://doi.org/10.1111/j.2517-6161.1991.tb01812.x" @default.
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