Plambda {spate}R Documentation

Prior for transformation parameter of the Tobit model.

Description

Default prior for transformation parameter of the Tobit model. A locally constant, improper prior on the positive real line is used.

Usage

Plambda(lambda, log = FALSE)

Arguments

lambda

A quantile

log

Indicates whether the logarithm should be calculated or not

Value

Value of (log) prior at 'lambda'.

Author(s)

Fabio Sigrist


[Package spate version 1.7.5 Index]