Aye, Goodness C.; Gupta, Rangan - Department of Economics, Faculty of Economic and … - 2013
hierarchical priors (Adaptive Jefferys, Adaptive Student-t, Lasso, Fussed Lasso and Elastic Net priors) and non-hierarchical priors …) MSE-F statistic, indicate that in general, the non-hierarchical Bayesian shrinkage estimators perform better than their … hierarchical counterparts as well as the least square estimators. The Bayesian shrinkage estimated with Lasso-Landweber is the best …