A particle swarm algorithm with broad applicability in shape-constrained estimation
In nonparametric function estimation, the inclusion of shape constraints can confer several advantages, including improved estimation accuracy, reduced sensitivity to smoothing parameters, and control over the qualitative appearance of the estimate. Finding shape-restricted estimates may require solving a difficult optimization problem, however, making these advantages hard to realize. A particle swarm algorithm is proposed to overcome this barrier and expand the possibilities for shape-constrained estimation. The algorithm uses a cooperative search strategy with two swarms, one focused on global exploration and one focused on local exploitation. The new heuristic has the added advantage of being a general tool, applicable without modification to a variety of estimators, constraints, and objective functions. The algorithm is demonstrated on a number of density estimation and regression problems, and the potential for further improvement is discussed. Supplementary materials, including source code, are available online.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 56 (2012)
Issue (Month): 10 ()
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/csda|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Henderson, Daniel J. & Parmeter, Christopher F., 2009. "Imposing Economic Constraints in Nonparametric Regression: Survey, Implementation and Extension," IZA Discussion Papers 4103, Institute for the Study of Labor (IZA).
When requesting a correction, please mention this item's handle: RePEc:eee:csdana:v:56:y:2012:i:10:p:2965-2975. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.