Accession Number:

ADA002243

Title:

Exact Multidimensional Credibility.

Descriptive Note:

Research rept.,

Corporate Author:

CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER

Personal Author(s):

Report Date:

1974-05-01

Pagination or Media Count:

30.0

Abstract:

In a previous paper, it was shown that the linear exponential family of likelihoods, together with their natural conjugate priors, gave exact credibility in the one-dimensional case that is, a Bayesian forecast of the mean observation which is linear in the data. This paper considers the multidimensional case, and the conditions under which exact credibility again holds.

Subject Categories:

  • Economics and Cost Analysis
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE