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Bayesian Analysis· 2020Q1

Rank-Normalization, Folding, and Localization: An Improved Rˆ for Assessing Convergence of MCMC (with Discussion)

Aki Vehtari, Andrew Gelman, Daniel Simpson, Bob Carpenter et al.

Short summary

A new rank-based diagnostic, Rˆ, is proposed to fix flaws in the traditional Gelman-Rubin Rˆ, accurately assessing Markov chain Monte Carlo (MCMC) convergence even with heavy tails or varying variances across chains.

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Field: Statistics and Probability

Statistics and ProbabilityMathematics