Bayesian estimation and maximum likelihood methods represent two central paradigms in modern statistical inference. Bayesian estimation incorporates prior beliefs through Bayes’ theorem, updating ...
It is proved in the paper that every possible set of conditions which implies consistency of the maximum likelihood method also implies consistency of Bayes estimates for a large class of prior ...
The validity of certain statistical procedures depends on the "classical" properties of the method of maximum-likelihood, viz., its consistency and the fact that it leads to an estimator whose ...