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Empirical Likelihood by Art B. Owen - PDF eBook

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Empirical Likelihood by Art B. Owen






Empirical Likelihood by Art B. Owen






(NOT paper & print book, but an eBook in PDF Format!)










Features


  • Illustrates the method's broad applicability through a wide range of data sets
  • Shows how to make nonparametric inferences through a likelihood interface
  • Details the method's advantages over the bootstrap for two- and higher- dimensional models
  • Demonstrates how this method automatically chooses from the data the shape of a confidence region
  • Describes how it is easy to incorporate side information, such as a known mean, for one or more of the random quantities observed
  • Discusses other nonparametric likelihoods, including Euclidean and entropy likelihoods



  • Summary


    Empirical likelihood provides inferences whose validity does not depend on specifying a parametric model for the data. Because it uses a likelihood, the method has certain inherent advantages over resampling methods: it uses the data to determine the shape of the confidence regions, and it makes it easy to combined data from multiple sources. It also facilitates incorporating side information, and it simplifies accounting for censored, truncated, or biased sampling.

    One of the first books published on the subject, Empirical Likelihood offers an in-depth treatment of this method for constructing confidence regions and testing hypotheses. The author applies empirical likelihood to a range of problems, from those as simple as setting a confidence region for a univariate mean under IID sampling, to problems defined through smooth functions of means, regression models, generalized linear models, estimating equations, or kernel smooths, and to sampling with non-identically distributed data. Abundant figures offer visual reinforcement of the concepts and techniques. Examples from a variety of disciplines and detailed descriptions of algorithms-also posted on a companion Web site at-illustrate the methods in practice. Exercises help readers to understand and apply the methods.

    The method of empirical likelihood is now attracting serious attention from researchers in econometrics and biostatistics, as well as from statisticians. This book is your opportunity to explore its foundations, its advantages, and its application to a myriad of practical problems.

    Editorial Reviews



    In this beautifully written book Owen lucidly illustrates the wide applicability of empirical likelihood and provides masterful accounts of its latest theoretical developments. Numerous empirical examples should fascinate practitioners in various fields of science. I recommend this book extremely highly.
    -Yuichi Kitamura, Department of Economics, University of Pennsylvania

    The statistical model discovery and information recovery process is shrouded in a great deal of uncertainty. Owen's empirical likelihood procedure provides an attractive basis for how best to represent the sampling process and to carry through the estimation and inference objectives
    - George Judge, University of California, Berkeley

    A great amount of thought and care has gone into preparing this fascinating monograph. Empirical likelihood is somehow at the junction between two of the main streams of contemporary statistics, parametric and nonparametric methods. Through EL, some of the key results of the former (such as Wilks' Theorem and Bartlett correctibility) carry over to the latter in a way which seems almost to deny the infinite-parameter character of nonparametric statistics. Even if the purpose of empirical likelihood was no more than this didactic one, it would be significant. Yet as Owen shows so engagingly, EL also has a colourful life of its own. It is a unique practical tool, and it enjoys important, and growing, connections to many areas of statistics, from the Kaplan-Meier estimator to the bootstrap and beyond. If we look at statistics from the vantage point of EL we can see a long way; Owen shows us how, and how far.
    -Professor Peter Hall, Australian National University.

    This impressive monograph is the definitive source for researchers who wish to learn how to utilize empirical likelihood methods. The author addresses a range of topics, including univariate confidence intervals, regression models, kernel smoothing, and mean function smoothing. Although the book covers considerable ground and is rigorous, the book is well written and a reader with a solid background in mathematical statistics can readily tackle this volume.
    -Journal of Mathematical Psychology

    This book will make accessible to a wider audience the new and important area of nonparameteric likelihood and hypothesis testing. Masterfully written by a pioneer in this area, this book lucidly discusses the statistical theory and -- perhaps more importantly for applied econometricians -- computational details and practical aspects of putting the ideas to work with real data. This book will have a major impact on the way hypothesis testing is done in econometrics, where one is very often unsure about what the correct model specification is.
    -Anand V. Bodapati, UCLA Anderson School of Management, USA

    The book will make an ideal text for a course in empirical likelihood for advanced statistics students, while it provides theoretically-minded practitioners a quick access to the growing empirical likelihood literature... The writing style is extremely clear throughout, even when discussing the fine points of the theory. Important results are well motivated, discussed and illustrated by real data examples.
    -Biometrics, vol. 57, no. 4, December 2001











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    IMPORTANT:

    These are NOT paper & print books, but eBooks in PDF Format that can be read on your computer or printed, if you prefer for easier reading. Audio is in MP3 format and can be easily transferred to a portable device. These will be shipped on a fully interactive CD/DVD that is viewable on any PC (Windows) Platform. They will not work on a Mac.


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