GENERAL ROBUST BAYES PSEUDO-POSTERIORS: EXPONENTIAL CONVERGENCE RESULTS WITH APPLICATIONS
Article Type
Research Article
Publication Title
Statistica Sinica
Abstract
Although Bayesian inference is a popular paradigm among a large segment of scientists, including statisticians, most applications consider objective priors and need critical investigations. While it has several optimal properties, Bayesian inference lacks robustness against data contamination and model misspecification, which becomes a problem when using objective priors. As such, we present a general formulation of a Bayes pseudo-posterior distribution that leads to robust inference. Exponential convergence results related to the new pseudo-posterior and the corresponding Bayes estimators are established under a general parametric setup, and illustrations are provided for independent stationary and nonhomogeneous models. Several additional details and properties of the procedure are described, including estimation under fixed-design regression models.
First Page
787
Last Page
823
DOI
10.5705/ss.202019.0450
Publication Date
4-1-2022
Recommended Citation
Ghosh, Abhik; Majumder, Tuhin; and Basu, Ayanendranath, "GENERAL ROBUST BAYES PSEUDO-POSTERIORS: EXPONENTIAL CONVERGENCE RESULTS WITH APPLICATIONS" (2022). Journal Articles. 3167.
https://digitalcommons.isical.ac.in/journal-articles/3167