Sk. Ashour et al., BAYESIAN AND NON-BAYESIAN ESTIMATION FOR THE PARETO PARAMETERS USING QUASI-LIKELIHOOD FUNCTION, Microelectronics and reliability, 34(7), 1994, pp. 1233-1237
The quasi-likelihood function is used to derive Bayesian and non-Bayes
ian estimates for the unknown parameters of the Pareto distribution. I
n the Bayesian technique the likelihood function is replaced with the
quasi-likelihood function when the mean-variance relationship is defin
ed. The efficiency of the quasi-likelihood estimation relative to the
maximum likelihood is calculated. Numerical illustrations for the Baye
sian and quasi-Bayesian procedures are given.