LAPLACE PRIORI VERSUS JEFFREYS PRIORI: WHICH ONE?
Juan Carlos Correa Morales, Marisol Valencia Cárdenas · Magazine Portal Bibliotech Digital (Universidad Nacional de Colombia) · 2013
A process to select a non-informative prior distribution makes the user to be faced to several possibilities and he/she thinks that only under some theoretical conditions one could be considered better than other, but in the applied problem this becomes irrelevant. We provide three basic examples that show that the choice is important and it depends on the underlying sample distributions, but also, on parameter values.