We define a notion of local sensitivity for classes of prior densities. The local sensitivity measures how much a small change in the prior affects the posterior. We find an explicit expression for this local sensitivity and we use it as a diagnostic for robustness. We also show that the local sensitivity can be used to find simple, accurate approximations to upper and lower bounds of posterior expectations. © 1995.
Density based classes of priors: Infinitesimal properties and approximations
Ruggeri Fabrizio;
1995
Abstract
We define a notion of local sensitivity for classes of prior densities. The local sensitivity measures how much a small change in the prior affects the posterior. We find an explicit expression for this local sensitivity and we use it as a diagnostic for robustness. We also show that the local sensitivity can be used to find simple, accurate approximations to upper and lower bounds of posterior expectations. © 1995.File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
