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June, 1982 Maximum Likelihood and Decision Theory
Bradley Efron
Ann. Statist. 10(2): 340-356 (June, 1982). DOI: 10.1214/aos/1176345778


This paper discusses five questions concerning maximum likelihood estimation: What kind of theory is maximum likelihood? How is maximum likelihood used in practice? To what extent can this theory and practice be justified from a decision-theoretic viewpoint? What are maximum likelihood's principal virtues and defects? What improvements have been suggested by decision theory?


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Bradley Efron. "Maximum Likelihood and Decision Theory." Ann. Statist. 10 (2) 340 - 356, June, 1982.


Published: June, 1982
First available in Project Euclid: 12 April 2007

zbMATH: 0494.62004
MathSciNet: MR653516
Digital Object Identifier: 10.1214/aos/1176345778

Primary: 62A10
Secondary: 62B10

Keywords: Fisher information , maximum likelihood estimate , Stein estimation , summary

Rights: Copyright © 1982 Institute of Mathematical Statistics

Vol.10 • No. 2 • June, 1982
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