Creating area level indices of behaviours impacting cancer in Australia
with a Bayesian generalised shared component model
Creating area level indices of behaviours impacting cancer in Australia
with a Bayesian generalised shared component model
This study develops a model-based index creation approach called the Generalized Shared Component Model (GSCM) by drawing on the large field of factor models. The proposed fully Bayesian approach accommodates heteroscedastic model error, multiple shared factors and flexible spatial priors. Moreover, our model, unlike previous index approaches, provides indices with …