Title: Empirical Bayes Methods: 12 (Routledge Library Editions: Econometrics)
Publisher: Routledge
Publication Date: 2019
Language: English
ISBN 10: 0815350376
ISBN 13: 9780815350378
Binding: Soft cover
Edition: 1st Edition
Condition: New

About this title

Synopsis

Originally published in 1970; with a second edition in 1989. Empirical Bayes methods use some of the apparatus of the pure Bayes approach, but an actual prior distribution is assumed to generate the data sequence. It can be estimated thus producing empirical Bayes estimates or decision rules.

In this second edition, details are provided of the derivation and the performance of empirical Bayes rules for a variety of special models. Attention is given to the problem of assessing the goodness of an empirical Bayes estimator for a given set of prior data. Chapters also focus on alternatives to the empirical Bayes approach and actual applications of empirical Bayes methods.

About the Author

J. S. Maritz, T. Lwin

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