An unbiased point estimator T for an unknown parameter θ can be improved in the sense of the Mean Squared Error (MSE) by T = λT λ for suitable factors λ. Here, we want to discuss this approach in the context of combination of forecasts. We consider the shrinkage technique for unbiased...

An unbiased point estimator T for an unknown parameter can be improved in the sense of the Mean Squared Error (MSE) by T T for suitable factors . Here, we want to discuss this approach in the context of combination of forecasts. We consider the shrinkage technique for...

An unbiased point estimator T for an unknown parameter θ can be improved in the sense of the Mean Squared Error (MSE) by T = λT λ for suitable factors λ. Here, we want to discuss this approach in the context of combination of forecasts. We consider the shrinkage technique for unbiased...