Prior distributions [electronic resource] / Tony O'Hagan.
Material type:
FilmSeries: Henry Stewart talksBiomedical & life sciences collection. Bayesian methods in health economics: Publisher: London : Henry Stewart Talks, 2009Description: 1 online resource (1 streaming video file (42 min.) : color, sound)Subject(s): Bayes Theorem | Economics, MedicalOnline resources: Click here to access online | Series Animated audio-visual presentation with synchronized narration.
Title from title frames.
Contents: An important component of the Bayesian approach is its use of prior information in addition to the data -- Requires the formulation of prior information as a prior probability distribution -- Ways of specifying prior distributions -- Weak prior distributions -- Informative prior distributions -- Elicitation of expert knowledge and hierarchical modeling -- Psychological biases to be avoided -- Good elicitation practice -- Case study in drug development.
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Mode of access: World Wide Web.