Systems of Axioms for the Estimators of the Parameters in the Standard Linear Model.

In this paper, the author shows that the conventional least squares estimator in the standard linear model is uniquely defined by a system of axioms based on transformations of that model. The author also shows that the corresponding system of axioms for the error variance parameter yields an estimator that is uniquely defined up to a factor of scale. Copyright 1989 by Blackwell Publishing Ltd

MoreLess

Year of publication:	1989
Authors:	Farebrother, R W
Published in:	Oxford Bulletin of Economics and Statistics. - Department of Economics, ISSN 0305-9049. - Vol. 51.1989, 1, p. 91-94
Publisher:	Department of Economics

More details

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

Persistent link: https://www.econbiz.de/10005186711