Showing 1 - 10 of 12
Ensemble prediction systems aim to account for uncertainties of initial conditions and model error. Ensemble forecasting is sometimes viewed as a method of obtaining (objective) probabilistic forecasts. How is one to judge the quality of an ensemble at forecasting a system? The probability that...
Persistent link: https://www.econbiz.de/10009440317
This paper reviewed current discounting practice in the OECD. It found a wide variance in guidance across countries (which may or may not be justifiable by different economic conditions), and significant differences in guidance within countries. Furthermore, even when discounting guidance is...
Persistent link: https://www.econbiz.de/10009440154
Putting a price on carbon is critical for climate change policy. Increasingly, policymakers combine multiple policy tools to achieve this, for example by complementing cap-and-trade schemes with a carbon tax, or with a feed-in tariff. Often, the motivation for doing so is to limit undesirable...
Persistent link: https://www.econbiz.de/10009440556
Parameter estimation in nonlinear models is a common task, and one for which there is no general solution at present. In the case of linear models, the distribution of forecast errors provides a reliable guide to parameter estimation, but in nonlinear models the facts that predictability may...
Persistent link: https://www.econbiz.de/10009440517
This work is motivated by dose-finding studies, where the number of events per subject within a specified study period form the primary outcome. The aim of the considered studies is to identify the target dose for which the new drug can be shown to be as effective as a competitor medication....
Persistent link: https://www.econbiz.de/10009469048
Pharmacokinetic studies are commonly analyzed using a two-stage approach where the first stage involves estimation of pharmacokinetic parameters for each subject separately and the second stage uses the individual parameter estimates for statistical inference. This two-stage approach is not...
Persistent link: https://www.econbiz.de/10009433399
We consider the problem of semi-parametric regression modelling when the data consist of a collection of short time series for which measurements within series are correlated. The objective is to estimate a regression function of the form E[Y(t) | x] =x'ß+μ(t), where μ(.) is an arbitrary,...
Persistent link: https://www.econbiz.de/10009433470
Marginal models for multivariate binary data permit separate modelling of the relationship of the response with explanatory variables, and the association between pairs of responses. When the former is the scientific focus, a first-order generalized estimating equation method (Liang & Zeger,...
Persistent link: https://www.econbiz.de/10009433471
The paper compares non-parametric (design-based) and parametric (model-based) approaches to the analysis of data in the form of replicated spatial point patterns in two or more experimental groups. Basic questions for data of this kind concern estimating the properties of the underlying spatial...
Persistent link: https://www.econbiz.de/10009433516
Stone's isotonic regression method for analysing count data to estimate disease risk in relation to a point source of environmental pollution is now routinely used. This paper develops the corresponding procedure for case-control data consisting of the locations of individual cases with controls...
Persistent link: https://www.econbiz.de/10009433520