Best Predictive Small Area Estimation
Berkeley-Davis Joint Colloquium at Berkeley
Mar 31, 2010, 04:00 PM - 05:00 PM | 60 Evans Hall | Happening As Scheduled
Jiming Jiang, Department of Statistics, UC Davis (Speaker)
We derive the best predictive estimator (BPE) of the fixed parameters under two well-known small area models, the Fay-Herriot model and the nested error regression model. This leads to a new prediction procedure, called observed best prediction (OBP), which is different from the empirical best linear unbiased prediction (EBLUP). We show that BPE is more reasonable than the traditional estimators...