Accession Number : AD0750543
Title : On the Optimality Criterion in Compound Decision Problems.
Descriptive Note : Technical rept.,
Corporate Author : JOHNS HOPKINS UNIV BALTIMORE MD DEPT OF STATISTICS
Personal Author(s) : Horn,Susan D.
Report Date : APR 1972
Pagination or Media Count : 29
Abstract : The paper discusses the philosophy underlying the optimality criterion for compound decision problems and shows that the classical criterion is the best possible under a very broad range of circumstances. In particular, this implies that it is not necessary to resort to controversial Bayes arguments to justify existing compound decision procedures. (Author)
Descriptors : (*STATISTICAL ANALYSIS, *DECISION THEORY), PROBABILITY, MEASURE THEORY, RANDOM VARIABLES, MAPPING(TRANSFORMATIONS), THEOREMS
Subject Categories : Statistics and Probability
Distribution Statement : APPROVED FOR PUBLIC RELEASE