Compute Log Marginal Density Using Newton-Raftery Approx
logMargDenNR computes log marginal density using the Newton-Raftery approximation.
logMargDenNR(ll)
ll |
vector of log-likelihoods evaluated at |
Approximation to log marginal density value.
This approximation can be influenced by outliers in the vector of log-likelihoods; use with care. This routine is a utility routine that does not check the input arguments for proper dimensions and type.
Peter Rossi, Anderson School, UCLA, perossichi@gmail.com.
For further discussion, see Chapter 6, Bayesian Statistics and Marketing by Rossi, Allenby, and McCulloch.
http://www.perossi.org/home/bsm-1
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