On Bayes Decision Rule for Testing Multiple Hypotheses with Non-symmetric Alternatives
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Statistical Theory and Practice"
DOI: 10.1007/s42519-021-00182-3
Abstract: We consider a multiple hypotheses testing problem with directional alternatives in a decision theoretic framework. Considering non-symmetric alternative hypotheses, we show that the skewness in the alternatives permits the Bayes rule to make more correct… read more here.
Keywords: non symmetric; bayes rule; rule; bayes decision ... See more keywords
Choosing a good toolkit, II: Bayes-rule based heuristics
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2019.103814
Abstract: Abstract We study heuristics for a class of complex multi-armed bandit problems, the period-by-period choice of a set of objects or “toolkit” where the decision maker learns about the value of tools within the chosen… read more here.
Keywords: bayes rule; good toolkit; toolkit bayes; choosing good ... See more keywords
The Bayes rule of the variance parameter of the hierarchical normal and inverse gamma model under Stein's loss
Sign Up to like & getrecommendations! Published in 2017 at "Communications in Statistics - Theory and Methods"
DOI: 10.1080/03610926.2016.1148733
Abstract: ABSTRACT For the variance parameter of the hierarchical normal and inverse gamma model, we analytically calculate the Bayes rule (estimator) with respect to a prior distribution IG (alpha, beta) under Stein's loss function. This estimator… read more here.
Keywords: hierarchical normal; bayes rule; parameter hierarchical; variance parameter ... See more keywords