Articles with "bayesian optimal" as a keyword



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Semiparametric Bayesian optimal replacement policies: application to railroad tracks

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Published in 2017 at "Applied Stochastic Models in Business and Industry"

DOI: 10.1002/asmb.2210

Abstract: We present a Bayesian decision theoretic approach for developing replacement strategies. In so doing, we consider a semiparametric model to describe the failure characteristics of systems by specifying a nonparametric form for cumulative intensity function… read more here.

Keywords: replacement; railroad tracks; optimal replacement; semiparametric bayesian ... See more keywords
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A randomized Bayesian optimal phase II design with binary endpoint

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Published in 2022 at "Journal of Biopharmaceutical Statistics"

DOI: 10.1080/10543406.2022.2094938

Abstract: ABSTRACT In this paper, we propose a randomized Bayesian optimal phase II (RBOP2) design with a binary endpoint (e.g., response rate). A beta-binomial distribution is used to model the binary endpoint for a two-arm phase… read more here.

Keywords: bayesian optimal; randomized bayesian; binary endpoint; design ... See more keywords