Title: Shrinkage estimation through the ridGME procedure
Authors: Pedro Macedo - University of Aveiro (Portugal) [presenting]
Abstract: The importance of ridge regression in the estimation of ill-conditioned models is well-known. Recently, the ridGME procedure appears in the literature as a simple and straightforward shrinkage estimation technique with a good performance. In addition to theoretical background, the algorithm and its implementation in MATLAB software will be discussed in order to illustrate the ridge regression procedure.