Bayes estimation under balanced loss functions
Other Title(s)
تقدير بايز بموجب وظائف الخسارة المتوازنة
Author
Source
The Journal of Administration and Economics
Issue
Vol. 42, Issue 119 (30 Apr. 2019), pp.108-120, 13 p.
Publisher
al-Mustansiriyah University College of Management and Economic
Publication Date
2019-04-30
Country of Publication
Iraq
No. of Pages
13
Main Subjects
Business Administration
Economy and Commerce
Topics
Abstract EN
In this research, the researcher has derived different standard Bayes estimators for scale parameter of Exponential distribution by using balanced and unbalanced loss function.
This estimation includes two cases availability and lack of primary information (Jeffery and Gamma conjugate priors) about the phenomenon studied.
Simulation experiments with different sample sizes and virtual parameters have been built for this purpose, then a comparison is mads between these estimators depend on the Mean Square Error (MSE) criteria.
The results have demonstrating the superiority of balanced loss functions in the ence of prior information about the phenomenon studied, while they may not have the same efficiency if availability of prior information about this phenomenon is cannot found.
American Psychological Association (APA)
al-Badran, al-Firas Munthir. 2019. Bayes estimation under balanced loss functions. The Journal of Administration and Economics،Vol. 42, no. 119, pp.108-120.
https://search.emarefa.net/detail/BIM-1092158
Modern Language Association (MLA)
al-Badran, al-Firas Munthir. Bayes estimation under balanced loss functions. The Journal of Administration and Economics Vol. 42, no. 119 (2019), pp.108-120.
https://search.emarefa.net/detail/BIM-1092158
American Medical Association (AMA)
al-Badran, al-Firas Munthir. Bayes estimation under balanced loss functions. The Journal of Administration and Economics. 2019. Vol. 42, no. 119, pp.108-120.
https://search.emarefa.net/detail/BIM-1092158
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1092158