June 18, 2024
Steve MacEachern awarded NSF grant
Professors Steve MacEachern, Juhee Lee (University of California - Santa Cruz) and Hang Kim (University of Cincinnati) were awarded a National Science Foundation grant, entitled "Robust and efficient Bayesian inference for misspecified and underspecified models". This project aims to improve data-driven modelling and decision-making in low-information settings. It is in these settings that traditional Bayesian methods struggle due to poorly specified models, a shortage of data from which to construct a solid model, and a lack of context from which to construct a prior distribution.