The Role of Informative Priors in Zero-Numerator Problems

Being Conservative Versus Being Candid

Robert L Winkler Robert L. Winkler is James B. Duke Professor in the Fuqua School of Business, Duke University, Durham, NC 27708-0120, and in the Institute of Statistics and Decision Sciences at Duke . James E. Smith is Associate Professor in the Fuqua School of Business, Duke University, Durham, NC 27708-0120 . Dennis G. Fryback is Professor in the Department of Population Health Sciences, University of Wisconsin, 610 North Walnut Street, Madison, WI 53705-2397 . This work was supported in part by the National Science Foundation under grants SES 98-188855 (Winkler) and SBR 98-09176 (Smith). The authors are grateful to the editor, an associate editor, and a referee for helpful comments.

James E Smith Robert L. Winkler is James B. Duke Professor in the Fuqua School of Business, Duke University, Durham, NC 27708-0120, and in the Institute of Statistics and Decision Sciences at Duke . James E. Smith is Associate Professor in the Fuqua School of Business, Duke University, Durham, NC 27708-0120 . Dennis G. Fryback is Professor in the Department of Population Health Sciences, University of Wisconsin, 610 North Walnut Street, Madison, WI 53705-2397 . This work was supported in part by the National Science Foundation under grants SES 98-188855 (Winkler) and SBR 98-09176 (Smith). The authors are grateful to the editor, an associate editor, and a referee for helpful comments.

Dennis G Fryback Robert L. Winkler is James B. Duke Professor in the Fuqua School of Business, Duke University, Durham, NC 27708-0120, and in the Institute of Statistics and Decision Sciences at Duke . James E. Smith is Associate Professor in the Fuqua School of Business, Duke University, Durham, NC 27708-0120 . Dennis G. Fryback is Professor in the Department of Population Health Sciences, University of Wisconsin, 610 North Walnut Street, Madison, WI 53705-2397 . This work was supported in part by the National Science Foundation under grants SES 98-188855 (Winkler) and SBR 98-09176 (Smith). The authors are grateful to the editor, an associate editor, and a referee for helpful comments.

The Role of Informative Priors in Zero-Numerator Problems

Being Conservative Versus Being Candid

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The Role of Informative Priors in Zero-Numerator Problems

Being Conservative Versus Being Candid

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