Return
Bayesian exploratory factor analysis
DOI:10.1016/j.jeconom.2014.06.008.png)
Abstract
En 中文
This paper develops and applies a Bayesian approach to Exploratory Factor Analysis that improves on ad hoc classical approaches. Our framework relies on dedicated factor models and simultaneously determines the number of factors, the allocation of each measurement to a unique factor, and the corresponding factor loadings. Classical identification criteria are applied and integrated into our Bayesian procedure to generate models that are stable and clearly interpretable. A Monte Carlo study confirms the validity of the approach. The method is used to produce interpretable low dimensional aggregates from a high dimensional set of psychological measurements. (C) 2014 Elsevier B.V. All rights reserved.
Keywords:
Bayesian factor models
Exploratory factor analysis
Identiflability
Marginal data augmentation
Model expansion
Model selection
AI Summary
Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.
Journal
IF:
4
Papers:
5.3K
Citations:
3.0W
Organization
Cited Papers
Understanding the Mechanisms Through Which an Influential Early Childhood Program Boosted Adult Outcomes
AMERICAN ECONOMIC REVIEW
IF11.6
rhlA is required for the production of a novel biosurfactant promoting swarming motility in Pseudomonas aeruginosa: 3-(3-hydroxyalkanoyloxy)alkanoic acids (HAAs), the precursors of rhamnolipids
Microbiology
IF0

