Bayesian estimation

Forecasting from Others’ Experience: Bayesian Estimation of the Generalized Bass Model

We propose a Bayesian estimation procedure for the generalized Bass model that is used in product diffusion models. Our method …

Ramírez-Hassan, A.; Montoya-Blandón, S;

Welfare Gains of the Poor: An Endogenous Bayesian Approach with Spatial Random Effects

We introduce a Bayesian instrumental variable procedure with spatial random effects that handles endogeneity, and spatial dependence …

Ramírez-Hassan, A.; Montoya-Blandón, S;