Two Different Shrinkage Estimator Classes for the Shape Parameter of Classical Pareto Distribution
Meral Ebegıl, Şenay Özdemir · Hacettepe Journal of Mathematics and Statistics · 2015
In this study, biased estimators for the shape parameter of a classical Pareto distribution are proposed using two dierent shrinkage tech- niques which give a smaller mean square error than an unbiased esti- mator. Then these obtained biased estimators are compared with the unbiased estimator by the means of their mean square error.