Lower Bounds for the Asymptotic Bayes Risk in the Scale Model (with an Application to the Second-Order Minimax Estimation)
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The problem of Bayes estimation of the scale parameter is considered. Lower bounds for the asymptotic Bayes risk are given as the restricted parameter space increases to the positive half-line. The results are next applied to establish the second-order minimax estimator of the scale parameter. Surprisingly, the least favorable distribution coincides with that for the corresponding location parameter problem.
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