Efficiency of Estimating Functions of Means in Rare-Event Contexts
Document Type
Conference Proceeding
Publication Date
1-1-2023
Abstract
When estimating a function of means, where some but not necessarily all of them correspond to rare events, we provide conditions under which having efficient estimators of each individual mean leads to an efficient estimator of the function of the means. We illustrate this setting through several examples, and numerical results complement the theory.
Identifier
85185373088 (Scopus)
ISBN
[9798350369663]
Publication Title
Proceedings Winter Simulation Conference
External Full Text Location
https://doi.org/10.1109/WSC60868.2023.10407217
ISSN
08917736
First Page
351
Last Page
362
Recommended Citation
Nakayama, Marvin K. and Tuffin, Bruno, "Efficiency of Estimating Functions of Means in Rare-Event Contexts" (2023). Faculty Publications. 2341.
https://digitalcommons.njit.edu/fac_pubs/2341
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