Year: 2025
Type: preprint
Abstract: Proper scoring rules have been a subject of growing interest in recent years, not only as tools for evaluation of probabilistic forecasts but also as methods for estimating probability distributions. In this article, we review the mathematical foundations of proper scoring rules including general characterization results and important families of scoring rules. We discuss their role in statistics and machine learning for estimation and forecast evaluation. Furthermore, we comment on interesting developments of their usage in applications.
Source: arXiv (Cornell University)
Authors: Waghmare, Kartik, Ziegel, Johanna
Institutions: ETH Zurich, Seminar for Statistics
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6979330104
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