Fully Bayesian Analysis of Multivariate Latent Class Models with an Application to Metric Conjoint Analysis

In this paper we head for a fully Bayesian analysis of the latent class model with a priori unknown number of classes. Estimation is carried out by means of Markov Chain Monte Carlo (MCMC) methods. We deal explicitely with the consequences the unidentifiability of this type of model has on MCMC esti...

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Bibliographic Details
Main Authors: Frühwirth-Schnatter, Sylvia, Otter, Thomas, Tüchler, Regina
Format: Others
Language:en
Published: Department of Statistics and Mathematics, WU Vienna University of Economics and Business 2000
Subjects:
Online Access:http://epub.wu.ac.at/378/1/document.pdf