Journal article

Bayesian Estimation and Inference: A User's Guide

MJ Zyphur, FL Oswald

Journal of Management | SAGE PUBLICATIONS INC | Published : 2015

Abstract

This paper introduces the “Bayesian revolution” that is sweeping across multiple disciplines but has yet to gain a foothold in organizational research. The foundations of Bayesian estimation and inference are first reviewed. Then, two empirical examples are provided to show how Bayesian methods can overcome limitations of frequentist methods: (a) a structural equation model of testosterone’s effect on status in teams, where a Bayesian approach allows directly testing a traditional null hypothesis as a research hypothesis and allows estimating all possible residual covariances in a measurement model, neither of which are possible with frequentist methods; and (b) an ANOVA-style model from a t..

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University of Melbourne Researchers