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- W4382020100 abstract "Power-expected-posterior (PEP) methodology, which borrows ideas from the literature on power priors, expected-posterior priors and unit information priors, provides a systematic way to construct objective priors. The basic idea is to use imaginary training samples to update a (possibly improper) prior into a proper but minimally-informative one. In this work, we develop a novel definition of PEP priors for logistic regression models that relies on a Laplace expansion of the likelihood of the imaginary training sample. This approach has various advantages over previous proposals for non-informative priors in logistic regression, and can be easily extended to other generalized linear models. We study theoretical properties of the prior and provide a number of empirical studies that demonstrate superior performance both in terms of model selection and of parameter estimation, especially for heavy-tailed versions." @default.
- W4382020100 created "2023-06-27" @default.
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- W4382020100 date "2023-01-01" @default.
- W4382020100 modified "2023-10-16" @default.
- W4382020100 title "Laplace Power-Expected-Posterior Priors for Logistic Regression" @default.
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- W4382020100 doi "https://doi.org/10.1214/23-ba1389" @default.
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