Comments on A Work of Art: Efron on Bayesian InferenceTypePad2011-10-06T00:55:50ZBlog Administratorhttp://blog.revolutionanalytics.com/tag:typepad.com,2003:http://blog.revolutionanalytics.com/2011/10/stanford-university-is-very-gracious-about-letting-the-general-public-attend-many-university-events-yesterday-it-caught-my/comments/atom.xml/Xi'an commented on 'A Work of Art: Efron on Bayesian Inference'tag:typepad.com,2003:6a010534b1db25970b014e8c17b1c7970d2011-10-07T15:52:50Z2011-10-07T15:52:50ZXi'anQuite obviously, the slides of Brad Efron's talk are most interesting, both for the links with frequentist statistics and for...<p>Quite obviously, the slides of Brad Efron's talk are most interesting, both for the links with frequentist statistics and for this tantalising slide 22. On the Newton & Raftery paper, the "under-appreciation" [at least in terms of Section 7 of the paper) is easily explained through Radford Neal's blog entry (<a href="http://radfordneal.wordpress.com/2008/08/17/the-harmonic-mean-of-the-likelihood-worst-monte-carlo-method-ever/" rel="nofollow">the worst Monte Carlo method ever</a>) because of the strong potential for infinite variance in the approximation to the marginal likelihood.</p>