Prime time for Bayes

Prime time for Bayes

This paper reviews what Bayesian statistics is and gives pointers to the literature. The need for a subjectively determined prior distribution, likelihood, and loss function is often taken to be the principal disadvantage of Bayesian statistics. This paper argues that the requirement that these be e...

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Veröffentlicht in:Controlled clinical trials 1995-10, Vol.16 (5), p.313-318
1. Verfasser: Kadane, Joseph B.
Format: Artikel
Sprache:eng
Schlagworte:
Bayes Theorem
Biological and medical sciences
Clinical trial. Drug monitoring
Clinical Trials as Topic - statistics & numerical data
Elicitation
General pharmacology
Humans
loss function
Medical sciences
objectivity
Pharmacology. Drug treatments
posterior distribution
prior distribution
Research - statistics & numerical data
subjectivity
utility function
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Beschreibung
Zusammenfassung:This paper reviews what Bayesian statistics is and gives pointers to the literature. The need for a subjectively determined prior distribution, likelihood, and loss function is often taken to be the principal disadvantage of Bayesian statistics. This paper argues that the requirement that these be explicitly stated is a distinct Bayesian advantage. Advances in Bayesian technology make it ready now to be the main inferential tool for clinical trials.
ISSN:0197-2456
1879-050X
DOI:10.1016/0197-2456(95)00072-0