High finite-sample efficiency and robustness based on distance-constrained maximum likelihood

Good robust estimators can be tuned to combine a high breakdown point and a specified asymptotic efficiency at a central model. This happens in regression with MM- and -estimators among others. However, the finite-sample efficiency of these estimators can be much lower than the asymptotic one. To ov...

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Detalles Bibliográficos
Autores principales: Maronna, Ricardo Antonio, Yohai, Victor Jaime
Formato: Articulo Preprint
Lenguaje:Inglés
Publicado: 2015
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Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/101650
https://ri.conicet.gov.ar/11336/42723
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Sumario:Good robust estimators can be tuned to combine a high breakdown point and a specified asymptotic efficiency at a central model. This happens in regression with MM- and -estimators among others. However, the finite-sample efficiency of these estimators can be much lower than the asymptotic one. To overcome this drawback, an approach is proposed for parametric models, which is based on a distance between parameters. Given a robust estimator, the proposed one is obtained by maximizing the likelihood under the constraint that the distance is less than a given threshold. For the linear model with normal errors, simulations show that the proposed estimator attains a finite-sample efficiency close to one while improving the robustness of the initial estimator. The same approach also shows good results in the estimation of multivariate location and scatter.