Bayesian inference on power Lindley distribution based on different loss functions (Q2330493)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Bayesian inference on power Lindley distribution based on different loss functions |
scientific article |
Statements
Bayesian inference on power Lindley distribution based on different loss functions (English)
0 references
22 October 2019
0 references
The properties of Lindley distributions using various symmetric and asymmetric loss functions are described in this paper. Bayes estimates are given by using squared error, linear exponential (linex) and general entropy loss functions. Since these do not have closed forms, the authors use Lindley's approximation technique to calculate the Bayes estimate. Simulation studies and illustrative purposes are given.
0 references
maximum likelihood estimation
0 references
Bayesian estimation
0 references
power Lindley distribution
0 references
asymmetric loss function
0 references
squared error loss function
0 references
0 references