JSTOR Daily

Hierarchical Bayes Methods for Multifactor Model Estimation and Portfolio Selection

The factor model is an important construct for both portfolio managers and researchers in modern finance. For practitioners, factor model coefficients are used to guide the construction of optimal ...
JSTOR Daily

A Robust Conflict Measure of Inconsistencies in Bayesian Hierarchical Models

Scandinavian Journal of Statistics, Vol. 34, No. 4 (December 2007), pp. 816-828 (13 pages) O'Hagan (Highly Structured Stochastic Systems, Oxford University Press, Oxford, 2003) introduces some tools ...
CU Boulder News & Events

Modeling space-time variability using multivariate semi-Bayesian hierarchical framework for seasonal total and extreme precipitation in the U.S. Northern Great Plains

We adapt a semi-Bayesian hierarchical modeling framework to jointly characterize the space–time variability of seasonal precipitation totals and precipitation extremes across the Northern Great Plains ...
CU Boulder News & Events

Bayesian Hierarchical Network Model for Forecasting Daily River Stage in a River Network

A novel Bayesian Hierarchical Network Model (BHNM) is designed for ensemble predictions of daily river stage, leveraging the spatial interdependence of river networks and hydrometeorological variables ...