Bayesian estimation methods form a dynamic branch of statistical inference, utilising Bayes’ theorem to update probabilities in light of new evidence. This framework combines prior knowledge with ...
We analyse the performance of a recursive Monte Carlo method for the Bayesian estimation of the static parameters of a discrete-time state-space Markov model. The algorithm employs two layers of ...
The career of Dr Mike Lynch, former CEO of Autonomy, has benefited greatly from the work of 18th Century presbyterian minister Thomas Bayes. As well as a devout man of the cloth, Bayes was a ...