Prefer a chat interface with context about you and your work?
A new Bayesian lasso
Park and Casella (2008) provided the Bayesian lasso for linear models by assigning scale mixture of normal (SMN) priors on the parameters and independent exponential priors on their variances.In this paper, we propose an alternative Bayesian analysis of the lasso problem.A different hierarchical formulation of Bayesian lasso is introduced by …