✦ LIBER ✦
An empirical bayes solution for the problem considered by Williford and Murdock
✍ Scribed by Steven F. Arnold; Charles E. Antle
- Publisher
- Elsevier Science
- Year
- 1978
- Tongue
- English
- Weight
- 349 KB
- Volume
- 10
- Category
- Article
- ISSN
- 0001-4575
No coin nor oath required. For personal study only.
✦ Synopsis
In their paper. Williford and Murdock
propose several methods for estimating the individual driver's accident liability for a population of many drivers. The setting they describe is ideally suited for an empirical Bayes approach.
In this paper we propose an empirical Bayer procedure and evaluate it. As expected it does quite well.