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Educational and Psychological Measurement
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Bias-Corrected Estimator of Factor Loadings in Bayesian Factor Analysis

Kentaro Hayashi

Georgia State University

Pranab K. Sen

University of North Carolina at Chapel Hill

A Bayesian factor analysis model is implemented to formulate estimators of the hyperparameters. Motivated by a simulation study that revealed significant bias in the Bayes estimates of factor loadings, new bias-corrected estimators of factor loadings in the Bayesian factor analysis are proposed and their properties studied; a simulation study reveals a more favorable picture.

Educational and Psychological Measurement, Vol. 62, No. 6, 944-959 (2002)
DOI: 10.1177/0013164402238083
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