A performance comparison of empirical Bayes and Bayes estimators of the Weibull and gamma scale parameters

George C. Canavos

Naval Research Logistics Quarterly, 1983, vol. 30, issue 3, 465-470

Abstract: A mean‐squared error comparison of smooth empirical Bayes and Bayes estimators for the Weibull and gamma scale parameters is studied based on a computer simulation. The smooth empirical Bayes estimators are determined as functions of up to 15 past estimates of the parameter of interest. Results indicate that at best the mean‐squared errors of the empirical Bayes estimators are about 20–40% larger than those of the corresponding squared‐error optimal Bayes estimators.

Date: 1983
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/nav.3800300311

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:wly:navlog:v:30:y:1983:i:3:p:465-470

Access Statistics for this article

More articles in Naval Research Logistics Quarterly from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().