Creates a Gamma prior distribution for the hazard rate \(\lambda\) of one group in an analysis of a time-to-event endpoint with exponential event times. The milestone survival probability at time \(t_0\) is \(S(t_0) = \exp(-\lambda t_0)\).
Details
The prior is equivalent to shape events observed during a total
observed time of rate, so small values give a weakly informative
prior: prior_gamma(0.1, 1) carries the information of a tenth of an
event.
See also
Other priors:
prior_beta(),
prior_dirichlet(),
prior_niw(),
prior_nix(),
prior_vague()
