Shrinkage Preliminary Test Estimation under a Precautionary Loss Function with Applications on Records and Censored Ddata

Abstract

. Shrinkage preliminary test estimation in exponential distribution under a precautionary loss function is considered. The minimum risk-unbiased estimator is derived and some shrinkage preliminary test estimators are proposed. We apply our results on censored data and records. The relative e ffi ciencies of proposed estimators with respect to the minimum risk-unbiased estimator based on record data under the considered loss function are computed for evaluating the performance of these estimators.