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Robustness of capacity rationing policies

✍ Scribed by Nagraj Balakrishnan; J.Wayne Patterson; V Sridharan


Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
145 KB
Volume
115
Category
Article
ISSN
0377-2217

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Robust evaluation of fixed-event forecas
✍ Michael P. Clements; Nick Taylor πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 124 KB

## Abstract In this paper we introduce a new testing procedure for evaluating the rationality of fixed‐event forecasts based on a pseudo‐maximum likelihood estimator. The procedure is designed to be robust to departures in the normality assumption. A model is introduced to show that such departures