The Rise of Markov Chain Monte Carlo Estimation for Psychometric Modeling

Markov chain Monte Carlo (MCMC) estimation strategies represent a powerful approach to estimation in psychometric models. Popular MCMC samplers and their alignment with Bayesian approaches to modeling are discussed. Key historical and current developments of MCMC are surveyed, emphasizing how MCMC a...

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Bibliographic Details
Main Author: Roy Levy
Format: Article
Language:English
Published: Wiley 2009-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2009/537139
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Summary:Markov chain Monte Carlo (MCMC) estimation strategies represent a powerful approach to estimation in psychometric models. Popular MCMC samplers and their alignment with Bayesian approaches to modeling are discussed. Key historical and current developments of MCMC are surveyed, emphasizing how MCMC allows the researcher to overcome the limitations of other estimation paradigms, facilitates the estimation of models that might otherwise be intractable, and frees the researcher from certain possible misconceptions about the models.
ISSN:1687-952X
1687-9538