Bayesian analysis for zero-inflated regression models with the power prior: Applications to road safety countermeasures
- Authors
- Jang, Hakjin; Lee, Soobeom; Kim, Seong W.
- Issue Date
- Mar-2010
- Publisher
- Pergamon Press Ltd.
- Keywords
- Accident prediction model; Historical data; Metropolis-Hastings algorithm; Power prior; Zero-inflated regression model
- Citation
- Accident Analysis and Prevention, v.42, no.2, pp.540 - 547
- Indexed
- SSCI
SCOPUS
- Journal Title
- Accident Analysis and Prevention
- Volume
- 42
- Number
- 2
- Start Page
- 540
- End Page
- 547
- URI
- https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/39955
- DOI
- 10.1016/j.aap.2009.08.022
- ISSN
- 0001-4575
- Abstract
- We consider zero-inflated Poisson and zero-inflated negative binomial regression models to analyze discrete count data containing a considerable amount of zero observations. Analysis of current data could be empirically feasible if we utilize similar data based on previous studies. Ibrahim and Chen (2000) proposed the power prior to incorporate certain information from the historical data available from previous studies. The power prior is constructed by raising the likelihood function of the historical data to the power a(0). where 0 <= a(0) <= 1. The power prior is a useful informative prior in Bayesian inference. We estimate regression coefficients associated with several safety countermeasures. We use Markov chain and Monte Carlo techniques to execute some computations. The empirical results show that the zero-inflated models with the power prior perform better than the frequentist approach. Crown Copyright (C) 2009 Published by Elsevier Ltd. All rights reserved.
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