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- W4311153603 abstract "We are interested in the estimation and prediction of a parametric model on a short dataset upon which it is expected to overfit and perform badly. To overcome the lack of data (relatively to the dimension of the model) we propose the construction of an informative hierarchical Bayesian prior based upon another longer dataset which is assumed to share some similarities with the original, short dataset. We illustrate the performance of our prior on simulated dataset from three standard models. Then we apply the methodology to a working model for the electricity load forecasting on real datasets, where it leads to a substantial improvement of the quality of the predictions." @default.
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- W4311153603 date "2011-09-21" @default.
- W4311153603 modified "2023-10-16" @default.
- W4311153603 title "Construction of an informative hierarchical prior for a small sample with the help of historical data and application to electricity load forecasting" @default.
- W4311153603 doi "https://doi.org/10.48550/arxiv.1109.4533" @default.
- W4311153603 hasPublicationYear "2011" @default.
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