A new simple interpretation of an optimal design criterion

We show that an often-used Bayesian optimal design criterion function fits into a standard decision theoretic framework. This suggests a sensible two-stage decision theoretic approach whereby this criterion function is also used for inference once it is used for design.

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Year of publication:	2009
Authors:	Atherton, Juli
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 79.2009, 6, p. 707-710
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005223283