Bayesian Statistics from Methods to Models and Applications Research
The Second Bayesian Young Statisticians Meeting (BAYSM 2014) and the research presented here facilitate connections among researchers using Bayesian Statistics by providing a forum for the development and exchange of ideas. WU Vienna University of Busines
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Sylvia Frühwirth-Schnatter Angela Bitto Gregor Kastner Alexandra Posekany Editors
Bayesian Statistics from Methods to Models and Applications Research from BAYSM 2014
Springer Proceedings in Mathematics & Statistics Volume 126
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Springer Proceedings in Mathematics & Statistics
This book series features volumes composed of select contributions from workshops and conferences in all areas of current research in mathematics and statistics, including operation research and optimization. In addition to an overall evaluation of the interest, scientific quality, and timeliness of each proposal at the hands of the publisher, individual contributions are all refereed to the high quality standards of leading journals in the field. Thus, this series provides the research community with well-edited, authoritative reports on developments in the most exciting areas of mathematical and statistical research today.
Sylvia Frühwirth-Schnatter • Angela Bitto Gregor Kastner • Alexandra Posekany Editors
Bayesian Statistics from Methods to Models and Applications Research from BAYSM 2014
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Editors Sylvia Frühwirth-Schnatter Institute for Statistics and Mathematics WU Vienna University of Economics and Business Vienna, Austria
Angela Bitto Institute for Statistics and Mathematics WU Vienna University of Economics and Business Vienna, Austria
Gregor Kastner Institute for Statistics and Mathematics WU Vienna University of Economics and Business Vienna, Austria
Alexandra Posekany Institute for Statistics and Mathematics WU Vienna University of Economics and Business Vienna, Austria
ISSN 2194-1009 ISSN 2194-1017 (electronic) Springer Proceedings in Mathematics & Statistics ISBN 978-3-319-16237-9 ISBN 978-3-319-16238-6 (eBook) DOI 10.1007/978-3-319-16238-6 Library of Congress Control Number: 2015937960 Springer Cham Heidelberg New York Dordrecht London © Springer International Publishing Switzerland 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any error
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