{"id":22899,"date":"2023-03-20T09:18:26","date_gmt":"2023-03-20T13:18:26","guid":{"rendered":"https:\/\/carleton.ca\/math\/?p=22899"},"modified":"2023-03-20T09:18:26","modified_gmt":"2023-03-20T13:18:26","slug":"probability-statistics-seminar-6","status":"publish","type":"post","link":"https:\/\/carleton.ca\/math\/2023\/probability-statistics-seminar-6\/","title":{"rendered":"Probability &#038; Statistics Seminar"},"content":{"rendered":"<p>Title: Individual model selection<br \/>\nSpeaker: Prince Osei, Carleton University<br \/>\nLocation: HP 4351 (MacPhail Room) &#8211; Carleton University<br \/>\nDate: Friday,\u00a0March 24,\u00a02023<br \/>\nTime: 1:00 \u2013 2:00 pm<\/p>\n<p><strong>Abstract:\u00a0 <\/strong>In the study of decision-making patterns by individuals, such as the Iowa gambling\u00a0task (IGT) process, there are several competing models suitable for\u00a0describing a\u00a0participant or group of individuals. Selecting a single best overall model typically\u00a0comes at the cost of misallocating some individuals for the\u00a0sake of the population.\u00a0The calibration of the models requires re-running these models several times whenever\u00a0an individual or set of individuals are moved or reshuffled among\u00a0these models.\u00a0Usually, there is a fixed computational budget, and can only afford to run each model\u00a0once. An individualized model selection strategy that\u00a0uses the Bayesian information\u00a0criterion (BIC) is proposed. The method is computationally efficient and easy to\u00a0implement to allocate the subjects to these\u00a0competing models. The proposed\u00a0individualized model selection strategy is illustrated using a hand-picked sample from\u00a0the IGT data set.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title: Individual model selection Speaker: Prince Osei, Carleton University Location: HP 4351 (MacPhail Room) &#8211; Carleton University Date: Friday,\u00a0March 24,\u00a02023 Time: 1:00 \u2013 2:00 pm Abstract:\u00a0 In the study of decision-making patterns by individuals, such as the Iowa gambling\u00a0task (IGT) process, there are several competing models suitable for\u00a0describing a\u00a0participant or group of individuals. Selecting a [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1,15],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Probability &amp; 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