Robust Model Averaging Method Based on LOF Algorithm

Robust Model Averaging Method Based on LOF Algorithm

Year:    2023

Author:    Fan Wang, Kang You, Guohua Zou

Communications in Mathematical Research , Vol. 39 (2023), Iss. 3 : pp. 386–413

Abstract

Model averaging is a good alternative to model selection, which can deal with the uncertainty from model selection process and make full use of the information from various candidate models. However, most of the existing model averaging criteria do not consider the influence of outliers on the estimation procedures. The purpose of this paper is to develop a robust model averaging approach based on the local outlier factor (LOF) algorithm which can downweight the outliers in the covariates. Asymptotic optimality of the proposed robust model averaging estimator is derived under some regularity conditions. Further, we prove the consistency of the LOF-based weight estimator tending to the theoretically optimal weight vector. Numerical studies including Monte Carlo simulations and a real data example are provided to illustrate our proposed methodology.

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Journal Article Details

Publisher Name:    Global Science Press

Language:    English

DOI:    https://doi.org/10.4208/cmr.2022-0046

Communications in Mathematical Research , Vol. 39 (2023), Iss. 3 : pp. 386–413

Published online:    2023-01

AMS Subject Headings:    Global Science Press

Copyright:    COPYRIGHT: © Global Science Press

Pages:    28

Keywords:    Outliers LOF algorithm robust model averaging asymptotic optimality consistency.

Author Details

Fan Wang

Kang You

Guohua Zou