Improved Methods of Inference in Econometrics (STUDIES IN MATHEMATICAL AND MANAGERIAL ECONOMICS) - Hardcover

Judge, George G.; Yancey, Thomas A.

Hardcover

ISBN 10: 0444879366 ISBN 13: 9780444879363

Publisher: Elsevier Science Ltd, 1986

Synopsis

This book has as its general objective the improvement of estimation rules for linear statistical models and the development of estimating procedures, to be used with a single data set, that are appropriate to economic decision problems. Advances in the estimating procedure are brought about by changing: (i) the statistical model, (ii) the amount of information used, and (iii) the measure of performance. Within this context the book considers estimation and hypothesis testing when sample information and non-sample information of an inequality form are combined. Also evaluated are: the statistical consequences of using traditional and non-traditional estimators when the error assumptions are weakened; and the precision and statistical implications of new Stein estimators.

Edition details

• Publisher: Elsevier Science Ltd
• Publication date: 1986
• ISBN 10: 0444879366
• ISBN 13: 9780444879363
• Binding: Hardcover
• Language: English
• Number of pages: 308