r-cran-bayesm

GNU R package for Bayesian inference

Description

The bayesm package covers many important models used in marketing and micro-econometrics applications. The package includes:

* Bayes Regression (univariate or multivariate dep var)

* Multinomial Logit (MNL) and Multinomial Probit (MNP)

* Multivariate Probit,

* Multivariate Mixtures of Normals

* Hierarchical Linear Models with normal prior and covariates

* Hierarchical Multinomial Logits with mixture of normals prior and

covariates

* Bayesian analysis of choice-based conjoint data

* Bayesian treatment of linear instrumental variables models

* Analyis of Multivariate Ordinal survey data with scale usage heterogeneity

(as in Rossi et al, JASA (01)).

For further reference, consult the authors' book, _Bayesian Statistics and Marketing_ by Allenby, McCulloch and Rossi.

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