We estimate a risk-based programming, individual farm model and apply it to study the wealth effects of crop-related, decoupled direct payments under the European Union (EU) Common Agricultural Policy
In Bayesian divergence time estimation methods, incorporating calibrating information from the fossil record is commonly done by assigning prior densities to ancestral nodes in the tree. Calibration p
Posterior uncertainty is typically summarized as a credible interval, an interval in the parameter space that contains a fixed proportion—usually 95%—of the posterior’s support. For multivariate param
This is the main R file for running the analysis. It includes descriptive plots of the time series data, Bayesian fitting for the alternative models, and comparison of LOO values.
In order to gain an understanding of the effectiveness of phylogenetic Markov chain Monte Carlo (MCMC), it is important to understand how quickly the empirical distribution of the MCMC converges to th