Accession Number:

AD0750543

Title:

On the Optimality Criterion in Compound Decision Problems.

Descriptive Note:

Technical rept.,

Corporate Author:

JOHNS HOPKINS UNIV BALTIMORE MD DEPT OF STATISTICS

Personal Author(s):

• Horn,Susan D.

Report Date:

1972-04-01

Pagination or Media Count:

29.0

Abstract:

The paper discusses the philosophy underlying the optimality criterion for compound decision problems and shows that the classical criterion is the best possible under a very broad range of circumstances. In particular, this implies that it is not necessary to resort to controversial Bayes arguments to justify existing compound decision procedures. Author

Descriptors:

• (*STATISTICAL ANALYSIS
• *DECISION THEORY)
• PROBABILITY
• MEASURE THEORY
• RANDOM VARIABLES
• MAPPING(TRANSFORMATIONS)
• THEOREMS

Subject Categories:

• Statistics and Probability

Distribution Statement:

APPROVED FOR PUBLIC RELEASE