Model.lambda.Gammaprior_mult: Model Using Multiple Independent Components

In systemicrisk: A Toolbox for Systemic Risk

Description

Assumes a multivariate hyperparameter theta with each component following an independent Beta distribution. A matrix indicates which component theta is used for what component of lambda.

Usage

Model.lambda.Gammaprior_mult(Ilambda, shape = 1, scale = 1)

Arguments

Ilambda	matrix consisting of integers that describe which component of theta is used for a given position in the matrix. Must consist of nonnegative integers using all integers in the range.
shape	shape paramer for prior on theta. Default 1.
scale	scale paramer for prior on theta. Default 1.

Value

the resulting model.

systemicrisk documentation built on May 2, 2019, 9:26 a.m.