Maity, Arnab; Sherman, Michael - In: Journal of Applied Statistics 35 (2008) 12, pp. 1409-1422
Ordinary least squares (OLS) is omnipresent in regression modeling. Occasionally, least absolute deviations (LAD) or other methods are used as an alternative when there are outliers. Although some data adaptive estimators have been proposed, they are typically difficult to implement. In this...