On the performance of the poisson and the negative binomial ridge predictors

OpenAlex İngilizce

Mansson and Shukur (2011 Mansson, K., Shukur, G. (2011). A Poisson ridge regression estimator. Economic Modelling 28:1475–1481. [Google Scholar]) investigated the performance of the Poisson ridge regression (PRR) estimator in terms of the mean square error (MSE) criterion. Similarly, Mansson (2012 Mansson, K. (2012). On ridge estimators for the negative binomial regression model. Economic Modelling 29:178–184. [Google Scholar]) investigated the performance of the Negative binomial ridge regression (NBRR) according to the MSE criterion. But there is no any analysis of the predictive performance of the PRR and NBRR estimators. Therefore, we define the PRR and the NBRR predictors to evaluate their predictive performances according to the prediction mean squared error under the target function. The Monte Carlo simulations and the real life numerical example are conducted to investigate the defined predictors' performance.