Date: 2015-05-14

Time: 15:30-16:30

Location: BURN 1205

Abstract:

A bivariate distribution can sometimes be characterized completely by properties of its conditional distributions. In this talk, we will discuss models of bivariate distributions whose conditionals are members of prescribed parametric families of distributions. Some relevant models with specified conditionals will be discussed, including the normal and lognormal cases, the skew-normal and other families of distributions. Finally, some conditionally specified densities will be shown to provide convenient flexible conjugate prior families in certain multiparameter Bayesian settings.

Speaker

José María Sarabia is a Professor of Statistics in the Department of Economics at the University of Cantabria, Santander, Spain.