theoretic formulation of the estimation problem that avoids a full specification of the error term distribution. Recent advances … likelihood estimation with quadratic penalties and may therefore be difficult to combine with the linear programming approaches … asymmetrically weighted sum of squared residuals is introduced. Different estimation procedures are presented including least …

Haezendonck–Goovaerts risk measure. Since Orlicz quantiles fail to satisfy an internality property, bilateral Orlicz quantiles are …In this paper, we study the well-known Haezendonck–Goovaerts risk measures on their natural domain, that is on Orlicz …