Bias Reduction Via Resampling for Estimation Following Sequential Tests

• Main Authors: Wang, Y. G., Leung, Denis H. Y.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 1997
• 主題: Economics
• 在線閱讀: 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...