BMS: Bayesian Model Averaging Library

Bayesian Model Averaging for linear models with a wide choice of (customizable) priors. Built-in priors include coefficient priors (fixed, hyper-g and empirical priors), 5 kinds of model priors, moreover model sampling by enumeration or various MCMC approaches. Post-processing functions allow for inferring posterior inclusion and model probabilities, various moments, coefficient and predictive densities. Plotting functions available for posterior model size, MCMC convergence, predictive and coefficient densities, best models representation, BMA comparison. Also includes Bayesian normal-conjugate linear model with Zellner's g prior, and assorted methods.

Version: 0.3.5
Depends: methods, stats, graphics, R (≥ 2.10)
Published: 2022-08-09
DOI: 10.32614/CRAN.package.BMS
Author: Martin Feldkircher and Stefan Zeugner and Paul Hofmarcher
Maintainer: Stefan Zeugner <stefan.zeugner at>
License: BSD_3_clause + file LICENSE
NeedsCompilation: no
Citation: BMS citation info
Materials: NEWS
In views: Bayesian, Econometrics
CRAN checks: BMS results


Reference manual: BMS.pdf
Vignettes: Bayesian Model Averaging with BMS


Package source: BMS_0.3.5.tar.gz
Windows binaries: r-devel:, r-release:, r-oldrel:
macOS binaries: r-release (arm64): BMS_0.3.5.tgz, r-oldrel (arm64): BMS_0.3.5.tgz, r-release (x86_64): BMS_0.3.5.tgz, r-oldrel (x86_64): BMS_0.3.5.tgz
Old sources: BMS archive

Reverse dependencies:

Reverse suggests: tidyfit, WALS


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