Beta Processes
2019-10-14 — 2022-04-08
Wherein Hjort’s Beta Process Is Examined as a Non-Decreasing Random Measure and Its Relation to Lévy Subordinators Is Queried, With Connection to Nonparametric Random Factor Models Being Noted.
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An interesting process associated with nonparametric random factor models. Hjort’s Beta process is non-decreasing, so it looks like a Lévy subordinator. Is it?