Dynamic Hierarchical Models
动态层级模型
SUMMARY An analysis of a time series of cross-sectional data is considered under a Bayesian perspective. Information is modelled in terms of prior distributions and stratified parametric linear models developed by Lindley and Smith and dynamic linear models developed by Harrison and Stevens are merged into a general framework. This is shown to include many models proposed in econometrics and experimental design. Properties of the model are derived and shrinkage estimators…