2022 | OriginalPaper | Chapter
Bayesian Models
Author : Thomas Otter
Published in: Handbook of Market Research
Publisher: Springer International Publishing
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Abstract
Stan
. The emphasis is on the development of an appreciation of Bayesian inference techniques supported by references to implementations in the open source software R
, and not on the discussion of individual models. The goal is to encourage researchers to formulate new, more complete, and useful prior structures that can be updated with data for better marketing decision support.