Bayesian Statistics

EBMAforecast: Ensemble Bayesian Model Averaging Forecasts

R package for combining predictions from multiple models using ensemble Bayesian model averaging (EBMA). Weights component models by historical accuracy to produce superior …

Bayesian Model Averaging: Theoretical Developments and Practical Applications

PA · 2010

Provides a theoretical and practical introduction to Bayesian model averaging for political scientists. The paper shows how BMA improves out-of-sample prediction and addresses …