Which team will win the 2014 FIFA World Cup? A Bayesian approach for dummies

This paper presents several "ex ante" simulation exercises of the 2014 FIFA World Cup. Specifically, we estimate the probabilities of each national team advancing to different stages, using a basic Bayesian approach based on conjugate families. In particular, we use the Categorical-Dirichl...

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Autores:

Ramírez Hassan, Andrés
Cardona Jiménez, Johnatan

Tipo de recurso:

Fecha de publicación:

2014

Institución:

Universidad EAFIT

Repositorio:

Repositorio EAFIT

Idioma:

eng

OAI Identifier:

oai:repository.eafit.edu.co:10784/1315

Acceso en línea:

http://hdl.handle.net/10784/1315

Palabra clave:

Bayesian Approach
Conjugate Families
Simulation
World Cup

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