Exact(18)
Around 19 funds a year meet the crieteria.The authors argue thatcopycat funds are typically smaller than their targets, belong to smaller fund families, and are characterised by net asset outflows, high flow volatility, weak prior performance, high expenses and high portfolio tracking error.
Home Market Freezes In June").. Thursday's jobs data was little better, as weekly jobless claims climbed to 406,000 from a revised 372,000 the weak prior.
Note that an informative (even if weak) prior model is introduced only at node 3, and not at the previous nodes.
X it is a vector of control variables that affect performance (e.g., firm size, firm profitability, divestiture mode, etc.…) and Y it is a vector of control variables that affect the divestiture decision (e.g., management turnover, weak prior performance, etc.…).
These would be weak prior distributions.
Thus, in order to achieve a more interpretable model we impose a weak prior on global locations.
Similar(42)
The paradigm case for robotic mapping assumes large quantities of sensory information which allow the use of relatively weak priors.
However, it has been argued that even improper priors (aka non-informative) or weak priors (i.e. flat priors) contain information about the subjective certainty of the modeller, e.g. [55].
Weak priors were chosen so that the final estimates for odds ratios are driven by the data, and not by any assumption made.
To model vague prior information on reasonably scaled data, we apply weak priors with τ β 2 = 10 3 for the fixed effects and ν τ = 0.02 and μτ = 2 for the variance parameters.
Firstly, poorer performance, especially in a number of knowledge-based assessments represents a genuine trend that reflects weaker prior educational attainment.
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