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):
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:
Subject Categories:
- Statistics and Probability