Bayesian Aproach to High Age Modeling

This article describes solution of modeling high age mortality tables for the Czech Republic. Main problem of high age modeling is the lack of data, especially for small areas such as country, region or micro-region. Solution presented in this paper is based on Bayesian approach. This approach, combines information from examined area with information from surrounding areas ( as a prior information). Increase of accuracy of the estimates is examined. Results are presented on real data collected from selected countries of the European Union.