Improved Analytic Bias Correction for MLE's

Ryan Godwin and I have a new paper - "Improved Analytic Bias Correction for Maximum Likelihood Estimators". You can download it from here. (This is a revised version, 19 July 2017.)

This paper proposes a modification of the Cox-Snell/Cordeiro-Klein bias correction technique that we've used in our earlier research (including work with Helen Feng and Jacob Schwartz). For some more information about that work, see this earlier post.

© 2016, David E. Giles

The Econometric Game Winners

The results of the 2016 edition of The Econometric Game are now out:

1st. Place: Harvard University
2nd. Place: Warsaw School of Economics
3rd. Place: Erasmus University

Congratulations to all of the competitors, and to the organisers of this important event!

© 2016, David E. Giles

The Econometric Game Finalists

The Econometric Game is drawing to a close for 2016. With just hours to go the teams that are completing the final round of the competition are:

Lund University
Warsaw School of Economics McGill University     (go Canada!) University of Copenhagen ENSAE Aarhus University Erasmus Universiteit Rotterdam Harvard University University of Rome Tor Vergata University of Antwerp
The case for this year's event is discussed here.
© 2016, David E. Giles

The Econometric Game - Update

From the website of The Econometric Game

Revealing of the Econometric Game Case.

Today at the grand opening of the Econometric Game:

The case makers have revealed this year's theme: Socioeconomic inequity in health care use among elderly Europeans.

The case makers Pilar García-Gómez and Teresa Bago d'Uva have worked very hard on designing the case and are looking forward to the results of the participating students. Tomorrow evening the finalist will be announced.

© 2016, David E. Giles

The Econometric Game, 2016

Last December I posted about the upcoming 2016 round of The Econometric Game.

You'll find links in that post to other posts in previous years.

Well, the Game is almost up on us. If you're not familiar with it, here's the overview from  the EG website:

"Every year, the University of Amsterdam is hosting the Econometric Game, one of the most prestigious projects organized by the study association for Actuarial Science, Econometrics & Operational Research (VSAE) of the University of Amsterdam. The participating universities are expected to send delegations of four students majoring in econometrics or relevant studies with a maximum of two PhD students. The teams will be given a case study, which they will have to resolve in two days. After these two days the ten teams with the best solutions will continue to day three. On the third day the finalists have to solve a second case while the other teams can go sightseeing in Amsterdam. After the teams have explored the city, the Econometric Game Congress takes place. There are different interesting lecturers, who will speech about the case and the econometric methods necessary for solving the case. The solutions will be reviewed by a jury of qualified and independent professors and they will announce the winner of the Game. 

The Econometric Game 2016 will take place on the 6th, 7th and 8th of April 2016 in Amsterdam."

I'll comment on the results in due course.

© 2016, David E. Giles

My new Paper

I'm really pleased with the way that my recent paper (with co-author Al Gol) turned out. It's titled "HotGimmer: Random Information", and you can download it here.

Comments are welcomed, of course..........

© 2016, David E. Giles