A Bayesian comparison of different classes of dynamic models using empirical data

@inproceedings{Kashyap1977ABC,
title={A Bayesian comparison of different classes of dynamic models using empirical data},
author={Rajesh Kashyap},
year={1977}
}
This paper deals with the Bayesian methods of comparing different types of dynamical structures for representing the given set of observations. Specifically, given that a given process y(\cdot) obeys one of r distinct stochastic or deterministic difference equations each involving a vector of unknown parameters, we compute the posterior probability that a set of observations {y(1),...,y(N)} obeys the i th equation, after making suitable assumptions about the prior probability distribution of… CONTINUE READING

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