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]