Ciência-IUL
Publications
Publication Detailed Description
Journal Title
Optimization
Year (definitive publication)
2022
Language
English
Country
United Kingdom
More Information
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Abstract
We apply a class of stochastic differential equations to model individual growth in a randomly fluctuating environment using cattle weight data. We have used maximum likelihood theory to estimate the parameters. However, for cattle data, it is often not feasible to obtain animal's observations at equally spaced ages nor even at the same ages for different animals and there is typically a small number of observations at older ages. For these reasons, maximum likelihood estimates can be quite inaccurate, being interesting to consider in the likelihood function a weight function associated to the elapsed times between two consecutive observations of each animal, which results in the weighted maximum likelihood method. We compare the results obtained from both methods in several data structures and conclude that the weighted maximum likelihood improves the estimation when observations at older ages are scarce and the observation instants are unequally spaced, whereas the maximum likelihood estimates are recommended when animals are weighted at equally spaced ages. For unequally spaced observations, a bootstrap estimation method was also applied to correct the bias of the maximum likelihood estimates; it revealed to be a more precise alternative, except when the available data only has young animals.
Acknowledgements
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Keywords
Bootstrap estimation,Cattle growth,Stochastic differential equations,Weighted maximum likelihood estimation
Fields of Science and Technology Classification
- Mathematics - Natural Sciences
- Economics and Business - Social Sciences
- Other Social Sciences - Social Sciences
Funding Records
Funding Reference | Funding Entity |
---|---|
UID/04674/2020 | Fundação para a Ciência e a Tecnologia |
PDR2020- 1.0.1-FEADER-031130 | Comissão Europeia |