Bayesian analysis of a linear single equation model with an inverse Gaussian prior

Authors

  • Samir K. Battacharya Allahabad University
  • Ram Lal Allahabad Agricultural Institute
  • Anoop Chaturvedi Allahabad University

DOI:

https://doi.org/10.6092/issn.1973-2201/899

Abstract

In this paper, the Bayesian analysis of a linear single equation econometric model is carried out by using a multinormal prior density for the vector of unknown regression coefficients and an inverse Gaussian prior density for the variance of the disturbances.

Issue

Vol. 52 No. 2 (1992)

Section

Articles

License

Copyright (c) 1992 Statistica

Creative Commons License

This work is licensed under a Creative Commons Attribution 3.0 Unported License.