Predictive efficiency for simple non-linear models (Q1118295)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Predictive efficiency for simple non-linear models |
scientific article |
Statements
Predictive efficiency for simple non-linear models (English)
0 references
1989
0 references
This paper demonstrates the use of exact predictive likelihood functions for simple non-linear models. A measure of predictive efficiency based on the concept of expected information loss is introduced as a way of comparing alternative prediction functions. It is shown that the predictive likelihood function minimizes expected information loss over a wide class of potential prediction functions. Some Monte Carlo experiments illustrate the performance of alternative prediction functions in settings where prediction is difficult.
0 references
minimal sufficient statistics
0 references
exact predictive likelihood functions
0 references
non-linear models
0 references
predictive efficiency
0 references
expected information loss
0 references
Monte Carlo
0 references