Bayesian statistics approach contraposes inferential by the fact that it introduces experts’ opinion in quantitative analysis. While this has played an increasingly important role various fields of research, its application to hospitality research been limited. helps resolve issue shortage observations, which is a frequent problem certain areas industry. Secondly, particularly well suited when ...

Morphological models are commonly used to describe microstructures observed in heterogeneous materials. Usually, these depend upon a set of parameters that must be chosen carefully match experimental observations conducted on the microstructure. A common approach perform determination is try minimize an objective function, usually taken discrepancy between measurements computed simulations and ...

The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global consequences. spread of the virus led to implementation different preventive measures prior availability effective vaccines. While many governments implemented lockdowns counter pandemic, others did not let halt economic activity. In this paper, we use Bayesian Vector Autoregres...