21 research outputs found

    Can the CFTC and SEC Work Together to Prevent Another Madoff?

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    The estimation of the uncertainty associated with rating curves of the river Ivinhema in the state of Paraná/Brazil

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    The estimation of the uncertainty associated with stage-discharge relations is a challenge to the hydrologists. Bayesian inference with likelihood estimator is a promissory approach. The choice of the likelihood function has an important impact on the capability of the model to represent the residues. This paper aims evaluate two likelihood functions with DREAM algorithm to estimate specific non-unique stage-discharge rating curves: normal likelihood function and Laplace likelihood function. The result of BaRatin is also discussed. The MCMC of the DREAM and the BaRatin algorithm have been compared and its results seem consistent for the studied case. The Laplace likelihood function presented as good results as normal likelihood function for the residues. Other gauging stations should be evaluated to attend more general conclusions
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