Starting conditions for Bayesian MCMC estimation procedures in 'pscfit' A procedure which sets the starting conditions for MCMC estimation
Source:R/pscEst_start.R
pscEst_start.RdStarting conditions for Bayesian MCMC estimation procedures in 'pscfit' A procedure which sets the starting conditions for MCMC estimation
Details
A procedure which sets the starting conditions for MCMC estimation including defining starting estimates, setting a matrix for draws to be save in and defining, target and prior distributions and deifnign the posterior desitribution from the CFM. This also sets the number of cores to be used for estimation where parallel computing is applied.