Greetings
I am about to begin a research project involving the estimation of
duration models to help explore the time between the initial listing of
a real estate property for sale and the time it is finally sold. For
each property in our dataset, we will have a number of characteristic
(both qualitative and quantitive) which we hypothesize influence the
sales duration. We anticipate having about 3000 records with no
censoring, and about 1000 each with left and right censoring.
I was hoping that someone on the AllStat list could refer me to some
introductory work on empirical duration modeling. I am particularly
interested in Bayesian approaches.
Thanks.
Best regards,
Mark
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