Table 2 Point estimation results (Bias and MSE).
Scen. | MLE | Bayes-TK | Bayes-TK | Bayes-TK | Bayes-MCMC | Bayes-MCMC | Bayes-MCMC | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Â | SE Loss | LINEX (\(c=1.5\)) | LINEX (\(c=-1.5\)) | SE loss | LINEX (\(c=1.5\)) | LINEX (\(c=-1.5\)) | ||||||||
Bias | MSE | Bias | MSE | Bias | MSE | Bias | MSE | Bias | MSE | Bias | MSE | Bias | MSE | |
1 | 0.0211 | .0118 | 0.0150 | .0095 | 0.0083 | .0098 | 0.0218 | .0099 | 0.0145 | .0093 | 0.0079 | .0096 | 0.0213 | .0098 |
2 | 0.0130 | .0069 | 0.0085 | .0057 | 0.0038 | .0059 | 0.0133 | .0060 | 0.0081 | .0055 | 0.0035 | .0057 | 0.0128 | .0058 |
3 | 0.0102 | .0054 | 0.0066 | .0044 | 0.0024 | .0045 | 0.0108 | .0046 | 0.0063 | .0042 | 0.0021 | .0043 | 0.0105 | .0044 |
4 | 0.0179 | .0099 | 0.0119 | .0080 | 0.0059 | .0082 | 0.0180 | .0084 | 0.0115 | .0078 | 0.0056 | .0080 | 0.0175 | .0082 |
5 | 0.0185 | .0104 | 0.0123 | .0083 | 0.0063 | .0085 | 0.0184 | .0087 | 0.0119 | .0081 | 0.0060 | .0083 | 0.0179 | .0085 |
6 | 0.0191 | .0110 | 0.0127 | .0087 | 0.0066 | .0089 | 0.0189 | .0091 | 0.0123 | .0085 | 0.0063 | .0087 | 0.0184 | .0089 |
7 | 0.0148 | .0080 | 0.0099 | .0067 | 0.0048 | .0069 | 0.0150 | .0070 | 0.0095 | .0065 | 0.0045 | .0067 | 0.0145 | .0068 |
8 | 0.0142 | .0075 | 0.0094 | .0063 | 0.0044 | .0065 | 0.0144 | .0066 | 0.0090 | .0061 | 0.0041 | .0063 | 0.0139 | .0064 |
9 | 0.0138 | .0071 | 0.0090 | .0060 | 0.0041 | .0062 | 0.0139 | .0063 | 0.0086 | .0058 | 0.0038 | .0060 | 0.0135 | .0061 |
10 | 0.0135 | .0072 | 0.0088 | .0060 | 0.0041 | .0062 | 0.0135 | .0063 | 0.0085 | .0058 | 0.0038 | .0060 | 0.0132 | .0061 |
11 | 0.0185 | .0104 | 0.0123 | .0083 | 0.0063 | .0085 | 0.0184 | .0087 | 0.0119 | .0081 | 0.0060 | .0083 | 0.0179 | .0085 |
12 | 0.0142 | .0075 | 0.0094 | .0063 | 0.0044 | .0065 | 0.0144 | .0066 | 0.0090 | .0061 | 0.0041 | .0063 | 0.0139 | .0064 |