[NMusers] BAYES method and initial estimate bounds
If bounds are specified in the $THETA statements for initial estimates,
what, if any, effect do they have when the BAYES method is used?
I initially thought they might work in conjunction with the prior
specifications to implement truncated priors. However that does not seem to
be true because statements like "IF(ABS(THETA(1)) > 10) EXIT 1 14"
sometimes get tripped even when THETA(1) is bounded between -10 and 10 in
the $THETA statement.
Received on Tue Dec 22 2015 - 11:13:45 EST
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