haku: @author Clemen, R. / yhteensä: 2
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| Tekijä: | Clemen, R. Winkler, R. |
| Otsikko: | Aggregating point estimates: a flexible modeling approach |
| Lehti: | Management Science
1993 : APR, VOL. 39:4, p. 501-515 |
| Asiasana: | LINEAR MODELS RISK MANAGEMENT SCIENCE |
| Kieli: | eng |
| Tiivistelmä: | In many decision situations information is available from a number of different sources. Aggregating the diverse bits of information is an important aspect of the decision-making process but entails special statistical modeling problems in characterizing the information. Prior research in this area has relied primarily on the use of historical data as a basis for modeling the information sources. The authors develop a Bayesian framework that a decision maker can use to encode subjective knowledge about the information sources in order to aggregate point estimates of an unknown quantity of interest. |
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