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Mean-variance portfolio decisions that combine prediction and optimisation have been shown to have poor empirical performance. Here, we consider the performance of various shrinkage methods by their efficient frontiers under different…

Portfolio Management · Quantitative Finance 2022-05-03 Andrew Paskaramoorthy , Tim Gebbie , Terence van Zyl

We study frequentist risk properties of predictive density estimators for mean mixtures of multivariate normal distributions, involving an unknown location parameter $\theta \in \mathbb{R}^d$, and which include multivariate skew normal…

Statistics Theory · Mathematics 2022-02-02 Pankaj Bhagwat , Eric Marchand

We investigate the asymptotic behavior of parametric Bayes estimators under a broad class of loss functions that extend beyond the classical translation-invariant setting. To this end, we develop a unified theoretical framework for loss…

Statistics Theory · Mathematics 2026-03-16 Robin Requadt , Housen Li , Axel Munk

The problem of predicting unobserved entries in a binary matrix, known as 1-bit matrix completion, has found diverse applications in fields such as recommendation systems. In this study, we develop an empirical Bayes method for 1-bit matrix…

Machine Learning · Statistics 2026-05-12 Takeru Matsuda

A method for implicit variable selection in mixture of experts frameworks is proposed. We introduce a prior structure where information is taken from a set of independent covariates. Robust class membership predictors are identified using a…

Econometrics · Economics 2019-01-15 Gregor Zens

Penalized regression methods, such as $L_1$ regularization, are routinely used in high-dimensional applications, and there is a rich literature on optimality properties under sparsity assumptions. In the Bayesian paradigm, sparsity is…

Statistics Theory · Mathematics 2014-01-22 Anirban Bhattacharya , Debdeep Pati , Natesh S. Pillai , David B. Dunson

We develop a semiparametric Bayesian approach for estimating the mean response in a missing data model with binary outcomes and a nonparametrically modelled propensity score. Equivalently we estimate the causal effect of a treatment,…

Statistics Theory · Mathematics 2020-09-23 Kolyan Ray , Aad van der Vaart

We examine the effect of a prior that favours low values of fine-tuning on Bayesian multi-dimensional fits of the constrained minimal supersymmetric standard model (CMSSM or mSUGRA) to current data. The dark matter relic density, the…

High Energy Physics - Phenomenology · Physics 2009-11-11 B. C. Allanach

We obtain the optimal Bayesian minimax rate for the unconstrained large covariance matrix of multivariate normal sample with mean zero, when both the sample size, n, and the dimension, p, of the covariance matrix tend to infinity.…

Statistics Theory · Mathematics 2017-12-04 Kyoungjae Lee , Jaeyong Lee

In this paper, we treat estimation and prediction problems where negative multinomial variables are observed and in particular consider unbalanced settings. First, the problem of estimating multiple negative multinomial parameter vectors…

Statistics Theory · Mathematics 2021-11-22 Yasuyuki Hamura

Due to their conjugate posteriors, Gaussian process priors are attractive for estimating the drift of stochastic differential equations with continuous time observations. However, their performance strongly depends on the choice of the…

Statistics Theory · Mathematics 2020-02-04 Jan van Waaij

This paper presents a simple shrinkage estimator of rates based on Bayesian methods. Our focus is on crime rates as a motivating example. The estimator shrinks each town's observed crime rate toward the country-wide average crime rate…

Applications · Statistics 2018-10-18 Einar Holsbø , Vittorio Perduca

We study shrinkage estimation of the mean parameters of a class of multivariate distributions for which the diagonal entries of the corresponding covariance matrix are certain quadratic functions of the mean parameter. This class of…

Statistics Theory · Mathematics 2022-07-04 Nikolas Siapoutis , Donald Richards , Bharath K. Sriperumbudur

Consider the problem of simultaneous testing for the means of independent normal observations. In this paper, we study some asymptotic optimality properties of certain multiple testing rules induced by a general class of one-group shrinkage…

Statistics Theory · Mathematics 2015-06-11 Prasenjit Ghosh , Xueying Tang , Malay Ghosh , Arijit Chakrabarti

This paper considers estimation of the predictive density for a normal linear model with unknown variance under alpha-divergence loss for -1 <= alpha <= 1. We first give a general canonical form for the problem, and then give general…

Statistics Theory · Mathematics 2013-03-12 Yuzo Maruyama , William E. Strawderman

The negative multinomial distribution is a multivariate generalization of the negative binomial distribution. In this paper, we consider the problem of estimating an unknown matrix of probabilities on the basis of observations of negative…

Statistics Theory · Mathematics 2020-10-30 Yasuyuki Hamura , Tatsuya Kubokawa

The exponential distribution is applied in a very wide variety of statistical procedures. Among the most prominent applications are those in the field of life testing and reliability theory. When there are two record samples available for…

Statistics Theory · Mathematics 2016-09-23 Hojatollah Zakerzadeh , Ali Akbar Jafari , Mahdieh Karimi

In recent years, shrinkage priors have received much attention in high-dimensional data analysis from a Bayesian perspective. Compared with widely used spike-and-slab priors, shrinkage priors have better computational efficiency. But the…

Statistics Theory · Mathematics 2020-01-16 Ruoyang Zhang , Malay Ghosh

We propose a distributionally robust formulation for simultaneously estimating the covariance matrix and the precision matrix of a random vector.The proposed model minimizes the worst-case weighted sum of the Frobenius loss of the…

Machine Learning · Statistics 2025-11-19 Renjie Chen , Viet Anh Nguyen , Huifu Xu

We tackle covariance estimation in low-sample scenarios, employing a structured covariance matrix with shrinkage methods. These involve convexly combining a low-bias/high-variance empirical estimate with a biased regularization estimator,…

Instrumentation and Methods for Astrophysics · Physics 2024-06-28 Olivier Flasseur , Eric Thiébaut , Loïc Denis , Maud Langlois