Sensitivity and Asymptotic Properties of Bayesian Reliability Estimates.
Abstract
In decision theoretic approaches to estimation problems, loss functions of the type L(theta, cap theta) = determinant theta - cap theta determinant to the alpa power, alpha > 0 are often employed; often alpha = 2. In many applications of reliability and life testing, such loss functions are inappropriate. Alternative loss functions which appear to be more suited to the intended application are proposed and Bayesian estimates of the exponential parameter are obtained for these. Asymptotic expansions of such estimators are given and compared with estimators given in the literature.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1982
- Accession Number
- ADA116217
Entities
People
- Andrew P. Soms
- Bernard Harris
Organizations
- University of Wisconsin–Madison