11-006/4 - Divergent Priors and well Behaved Bayes Factors

• Authors
  Rodney W. Strachan, Australian National University, Australia; Herman K. van Dijk, Erasmus University Rotterdam, the Netherlands
• Publication date
  January 10, 2011

• Keywords
  Improper prior, Bayes factor, marginal likelihood, Shrinkage prior; Measure
• JEL
  C11; C52; C15; C32.