Yeah, I’ve done some sensitivity analysis to see how the choice of prior affects results. I talk about this some in this essay. In my spreadsheet (which I haven’t published yet but will soon), I calculate posteriors for both log-normal and Pareto priors.
Seems like you ought to conduct the analysis with all of the reasonable priors to see how robust your conclusions are, huh?
Yeah, I’ve done some sensitivity analysis to see how the choice of prior affects results. I talk about this some in this essay. In my spreadsheet (which I haven’t published yet but will soon), I calculate posteriors for both log-normal and Pareto priors.