Sequential Allocation for an Estimation Problem with Ethical Costs
Woodroofe, Michael ; Hardwick, Janis
Ann. Statist., Tome 18 (1990) no. 1, p. 1358-1377 / Harvested from Project Euclid
The problem of designing an experiment to estimate the difference between the means of two normal populations with unit variances is considered, when the cost of drawing a sample from either population may depend on unknown parameters. A quasi-Bayesian approach is adopted in which the mean difference is estimated by its maximum likelihood estimator, but the design (allocation rule) is evaluated in Bayesian, decision-theoretic terms. A three-stage procedure is proposed and its risk evaluated, up to terms which are small compared to the cost of a single observation. This procedure is shown to be optimal to second order for squared error loss.
Publié le : 1990-09-14
Classification:  Loss function,  sampling costs,  integrated risk,  invariance,  sequential designs,  posterior distributions,  asymptotic normality,  62L12
@article{1176347754,
     author = {Woodroofe, Michael and Hardwick, Janis},
     title = {Sequential Allocation for an Estimation Problem with Ethical Costs},
     journal = {Ann. Statist.},
     volume = {18},
     number = {1},
     year = {1990},
     pages = { 1358-1377},
     language = {en},
     url = {http://dml.mathdoc.fr/item/1176347754}
}
Woodroofe, Michael; Hardwick, Janis. Sequential Allocation for an Estimation Problem with Ethical Costs. Ann. Statist., Tome 18 (1990) no. 1, pp.  1358-1377. http://gdmltest.u-ga.fr/item/1176347754/