The philosophical significance of Stein’s paradox

Citation data:

European Journal for Philosophy of Science, ISSN: 1879-4912, Vol: 7, Issue: 3, Page: 411-433

Publication Year:
2017
Usage 104
Downloads 104
Social Media 42
Shares, Likes & Comments 40
Tweets 2
Citations 1
Citation Indexes 1
Repository URL:
http://philsci-archive.pitt.edu/id/eprint/13303
DOI:
10.1007/s13194-016-0168-7
Author(s):
Olav Vassend, Elliott Sober, Branden Fitelson
Publisher(s):
Springer Nature
Tags:
Arts and Humanities
Most Recent Tweet View All Tweets
article description
Charles Stein discovered a paradox in 1955 that many statisticians think is of fundamental importance. Here we explore its philosophical implications. We outline the nature of Stein’s result and of subsequent work on shrinkage estimators; then we describe how these results are related to Bayesianism and to model selection criteria like AIC. We also discuss their bearing on scientific realism and instrumentalism. We argue that results concerning shrinkage estimators underwrite a surprising form of holistic pragmatism.

This article has 0 Wikipedia mention.