Bayesian Adaptive Bridge Regression for Ordinal Models with an Application
DOI:
https://doi.org/10.24996/ijs.2020.SI.1.22Keywords:
Bayesian Bridge, Variable Selection, Ordinal Model, Scale Mixture Of UniformAbstract
In this article, we propose a Bayesian Adaptive bridge regression for ordinal model. We developed a new hierarchical model for ordinal regression in the Bayesian adaptive bridge. We consider a fully Bayesian approach that yields a new algorithm with tractable full conditional posteriors. All of the results in real data and simulation application indicate that our method is effective and performs very good compared to other methods. We can also observe that the estimator parameters in our proposed method, compared with other methods, are very close to the true parameter values.