Admissible solutions of k-extended finite state set and sequence compound decision problems

Stephen B. Vardeman

Journal of Multivariate Analysis, 1980, vol. 10, issue 3, 426-441

Abstract: We treat situations in which independent structurally identical decision problems are to be faced either simultaneously or serially. Recent work on such compound decision problems has centered on finding procedures that satisfy the strengthened asymptotic optimality property of Gilliland and Hannan (Ann. Math. Statist.40 (1969), 1536-1541) and on providing decision rules that at once satisfy an admissibility property and the classical asymptotic optimality property. We suggest a simplified method of accomplishing the first of these goals in general situations and then provide decision rules for finite state components simultaneously admissible and satisfying the strengthened optimality property.

Keywords: Compound; decision; problem; [Gamma]k; construct; k-extended; risk; objective; Bayes; compound; rules (search for similar items in EconPapers)
Date: 1980
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0047-259X(80)90062-7
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jmvana:v:10:y:1980:i:3:p:426-441

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Journal of Multivariate Analysis is currently edited by de Leeuw, J.

More articles in Journal of Multivariate Analysis from Elsevier
Bibliographic data for series maintained by Catherine Liu ().