Priors for second-order unbiased Bayes estimators

Fuente: arXiv
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Main Authors: Sakai, Mana, Matsuda, Takeru, Kubokawa, Tatsuya
Format: Preprint
Published: 2024
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author Sakai, Mana
Matsuda, Takeru
Kubokawa, Tatsuya
author_facet Sakai, Mana
Matsuda, Takeru
Kubokawa, Tatsuya
contents Asymptotically unbiased priors, introduced by Hartigan (1965), are designed to achieve second-order unbiasedness of Bayes estimators. This paper extends Hartigan's framework to non-i.i.d. models by deriving a system of partial differential equations that characterizes asymptotically unbiased priors. Furthermore, we establish a necessary and sufficient condition for the existence of such priors and propose a simple procedure for constructing them. The proposed method is applied to the linear regression model and the nested error regression model (also known as the random effects model). Simulation studies evaluate the frequentist properties of the Bayes estimator under the asymptotically unbiased prior for the nested error regression model, highlighting its effectiveness in small-sample settings.
format Preprint
id arxiv_https___arxiv_org_abs_2412_19187
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Priors for second-order unbiased Bayes estimators
Sakai, Mana
Matsuda, Takeru
Kubokawa, Tatsuya
Statistics Theory
Methodology
Asymptotically unbiased priors, introduced by Hartigan (1965), are designed to achieve second-order unbiasedness of Bayes estimators. This paper extends Hartigan's framework to non-i.i.d. models by deriving a system of partial differential equations that characterizes asymptotically unbiased priors. Furthermore, we establish a necessary and sufficient condition for the existence of such priors and propose a simple procedure for constructing them. The proposed method is applied to the linear regression model and the nested error regression model (also known as the random effects model). Simulation studies evaluate the frequentist properties of the Bayes estimator under the asymptotically unbiased prior for the nested error regression model, highlighting its effectiveness in small-sample settings.
title Priors for second-order unbiased Bayes estimators
topic Statistics Theory
Methodology
url https://arxiv.org/abs/2412.19187