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On fractal distribution function estimation and applications

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Stefano Maria Iacus ()
Davide La Torre ()

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Abstract

In this paper we review some recent results concerning the approximations of distributionfunctions and measures on [0, 1] based on iterated function systems. The twodifferent approaches available in the literature are considered and their relations areinvestigated in the statistical perspective. In the second part of the paper we proposea new class of estimators for the distribution function and the related characteristicand density functions. Glivenko-Cantelli, LIL properties and local asymptotic minimaxeciency are established for some of the proposed estimators. Via Monte Carlo analysiswe show that, for small sample sizes, the proposed estimator can be as efficient oreven better than the empirical distribution function and the kernel density estimatorrespectively. This paper is to be considered as a first attempt in the construction ofnew class of estimators based on fractal objects. Pontential applications to survivalanalysis with random censoring are proposed at the end of the paper.

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Paper provided by Department of Economics University of Milan Italy in its series Departemental Working Papers with number 2002-07.

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Date of creation: 01 Jan 2002
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Handle: RePEc:mil:wpdepa:2002-07

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  1. Stefano Maria Iacus & Davide La Torre, 2002. "Approximating distribution functions by iterated function systems," Departemental Working Papers 2002-03, Department of Economics University of Milan Italy. [Downloadable!]
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  1. Massimo Florio & Katiuscia Manzoni, 2002. "The abnormal returns of UK privatisations: from underpricing tooutperformance," Departemental Working Papers 2002-23, Department of Economics University of Milan Italy. [Downloadable!]
  2. Daniele Checchi & Valentino Dardanoni, 2002. "Mobility comparisons: does using different measures matter?," Departemental Working Papers 2002-15, Department of Economics University of Milan Italy. [Downloadable!]
  3. Giovanna Nicolini & Anna Lo Presti, 2003. "Combined estimators for complex sampling," Departemental Working Papers 2003-12, Department of Economics University of Milan Italy. [Downloadable!]
  4. Silvia Pezzini & Robert MacCulloch, 2003. "The role of freedom, growth and religion in the taste for revolution," Departemental Working Papers 2003-08, Department of Economics University of Milan Italy. [Downloadable!]
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  5. Massimo FLORIO & Silvia VIGNETTI, 2003. "Cost-benefit analysis of infrastructure projects in an enlarged European Union: an incentive-oriented approach," Departemental Working Papers 2003-13, Department of Economics University of Milan Italy. [Downloadable!]
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