On the Relation between the Shrinkage Eeect and a Shrinkage Method
نویسنده
چکیده
In a recent paper van Houwelingen and le Cessie (1990) consider the shrinkage eeect as well as a shrinkage method. We investigate the shrinkage eeect in more detail and show that the proposed shrinkage method is tailored to remove the shrinkage eeect. This appears to be not a good advice to improve predictors. However, it can be useful in predicting the future behaviour of risk groups deened by categorizing a predictor.
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