
In Search of Optimal Objective Priors for Model Selection and Estimation 235
0 10 20 30 40
0.0 0.6
Optimal
Uncorrelated
Incl.Prob
0 10 20 30 40
0.0 0.6
Uncorrelated
Incl.Prob
0 10 20 30 40
0.0 0.6
Optimal
Weak
Incl.Prob
0 10 20 30 40
0.0 0.6
Weak
Incl.Prob
0 10 20 30 40
0.0 0.6
Optimal
Strong
Incl.Prob
0 10 20 30 40
0.0 0.6
Strong
Incl.Prob
0 10 20 30 40
0.0 0.6
Horseshoe
Uncorrelated
Incl. Prob.
0 10 20 30 40
0.0 0.6
Uncorrelated
Incl. Prob.
0 10 20 30 40
0.0 0.6
Horseshoe
Weak
Incl. Prob.
0 10 20 30 40
0.0 0.6
Weak
Incl. Prob.
0 10 20 30 40
0.0 0.6
Horseshoe
Strong
Incl. Prob.
0 10 20 30 40
0.0 0.6
Strong
Incl. Prob.
FIGURE 11.3
Posterior inclusion probabilities due to the Robust prior and the ...