Decision theoretic estimation of the ratio of variances
in a bivariate normal distribution

George Iliopoulos

In this paper the problem of estimating the ratio of variances, $\s$, in a bivariate normal distribution with unknown mean is considered from a decision--theoretic point of view. First, the UMVU estimator of $\s$ is derived, and then it is shown to be inadmissible under two specific loss functions, namely, the squared error loss and the entropy loss. The derivation of the results is done by conditioning on an auxiliary negative binomial random variable.

AMS 1991 subject classifications: 62C99, 62H12, 62F10.

Key words and phrases: Decision theory, bivariate normal distribution, ratio of variances, squared error loss, entropy loss.

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