Ecap

Latest version: v0.2.3

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0.2.3

ecap: Excess Certainty Adjusted Probability Estimate

Implements the Excess Certainty Adjusted Probability adjustment procedure as described in the paper "Irrational Exuberance: Correcting Bias in Probability Estimates" by Gareth James, Peter Radchenko, and Bradley Rava (Journal of the American Statistical Association, 2020; <doi:10.1080/01621459.2020.1787175>). The package includes a function that preforms the ECAP adjustment and a function that estimates the parameters needed for implementing ECAP. For testing and reproducibility, the ESPN and FiveThirtyEight data used in the paper are also included.

Version: 0.2.3
Published: 2020-08-17
Author: Bradley Rava, Peter Radchenko, and Gareth M. James
Maintainer: Bradley Rava <brava at marshall.usc.edu>
License: GPL-3
URL: <http://faculty.marshall.usc.edu/gareth-james/Research/Probs.pdf>

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