Model Selection in Historical Research Using Approximate Bayesian Computation Model Selection in Historical Research Using ABC
Xavier Rubio-Campillo, John P. Hart
Abstract
Standard Bayesian inference updates a set of prior beliefs considering new evidence and a given likelihood function. Prior beliefs aggregate the existing knowledge of a given topic, and the degree of credibility of this knowledge. These beliefs are translated into parameters of the model. The possible values for each parameter receive an initial probability following a specific statistical distribution. The likelihood function is used to compute the probabilities of any given result considering the value of the input parameters. The updated knowledge (i.e. the the posterior distribution) is th

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