George Roussas

Division of Statistics

University of California, Davis


Asymptotic Behavior and Exponential Approximation of the Likelihood Function

In this presentation,we consider the likelihood function, based on a random number of observations coming from a general discrete time parameter stochastic process, and study its asymptotic behavior. Specifically, its local asymptotic expansion in the probability sense is obtained, as well as its asymptotic distribution, and local exponential approximation. Results are obtained under regular assumptions, which lead to asymptotic normality, and under non-standard assumptions, which lead to mixtures of normal distributions. Contiguity tools are instrumental in the derivations.


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