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A Note on the Comparison of the Bayesian and Frequentist Approaches to Estimation
Joint Authors
Langenfeld, Natalie
Neath, Andrew A.
Source
Issue
Vol. 2012, Issue 2012 (31 Dec. 2012), pp.1-12, 12 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2012-10-22
Country of Publication
Egypt
No. of Pages
12
Main Subjects
Economics & Business Administration
Business Administration
Abstract EN
Samaniego and Reneau presented a landmark study on the comparison of Bayesian and frequentist point estimators.
Their findings indicate that Bayesian point estimators work well in more situations than were previously suspected.
In particular, their comparison reveals how a Bayesian point estimator can improve upon a frequentist point estimator even in situations where sharp prior knowledge is not necessarily available.
In the current paper, we show that similar results hold when comparing Bayesian and frequentist interval estimators.
Furthermore, the development of an appropriate interval estimator comparison offers some further insight into the estimation problem.
American Psychological Association (APA)
Neath, Andrew A.& Langenfeld, Natalie. 2012. A Note on the Comparison of the Bayesian and Frequentist Approaches to Estimation. Advances in Decision Sciences،Vol. 2012, no. 2012, pp.1-12.
https://search.emarefa.net/detail/BIM-496963
Modern Language Association (MLA)
Neath, Andrew A.& Langenfeld, Natalie. A Note on the Comparison of the Bayesian and Frequentist Approaches to Estimation. Advances in Decision Sciences No. 2012 (2012), pp.1-12.
https://search.emarefa.net/detail/BIM-496963
American Medical Association (AMA)
Neath, Andrew A.& Langenfeld, Natalie. A Note on the Comparison of the Bayesian and Frequentist Approaches to Estimation. Advances in Decision Sciences. 2012. Vol. 2012, no. 2012, pp.1-12.
https://search.emarefa.net/detail/BIM-496963
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-496963