Likelihood Elasticity and Error Bounds |
| |
| Authors: | Renato Assunção |
| |
| Institution: | Universidade Federal de Minas Gerais , Caixa Postal 702, Belo Horizonte , MG , 0161-970 , Brazil |
| |
| Abstract: | In this note it is shown that the Fisher information can be related to elasticity, a very important concept in economics. This economic concept can be used to provide a more intuitive meaning of the Fisher information in some important situations. |
| |
| Keywords: | Elasticity Locally most powerful test Lower bound Relative mean-squared error |
|
|
