Bias Reduction Via Resampling for Estimation Following Sequential Tests

• المؤلفون الرئيسيون: Wang, Y. G., Leung, Denis H. Y.
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 1997
• الموضوعات: Economics
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soe_research/365

It is well known that maximum likelihood (ML) estimation results in biased estimates when estimating parameters following a sequential test. Existing bias correction methods rely on explicit calculations of the bias that are often difficult to derive. We suggest a simple alternative to the existing...