A Bayesian method for outlier-robust estimation of multinomial choice models is presented. The method can be used for both correlated as well as uncorrelated choice alternatives and guarantees ...

The news reporters obtained a quote from the research, "The goal of the analysis is to predict different fraud and abuse probabilities for new invoices. The prediction is based on a wide framework of ...

A standard tool for model selection in a Bayesian framework is the Bayes factor which compares the marginal likelihood of the data under two given different models. In this paper, we consider the ...