2010
DOI: 10.1007/s10940-010-9098-2
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Asymmetric Loss Functions for Forecasting in Criminal Justice Settings

Abstract: The statistical procedures typically used for forecasting in criminal justice settings rest on symmetric loss functions. For quantitative response variables, overestimates are treated the same as underestimates. For categorical response variables, it does not matter in which class a case is inaccurately placed. In many criminal justice settings, symmetric costs are not responsive to the needs of stakeholders. It can follow that the forecasts are not responsive either. In this paper, we consider asymmetric loss… Show more

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Cited by 38 publications
(28 citation statements)
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References 41 publications
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“…Here is where an asymmetric LF plays a key role because it assigns very small penalties to those individuals whose BV distributions are to the right of the hypothetical parental distribution. One simple asymmetric LF is the linear-linear loss (LinLin), whose behavior is linear on both sides of the target; it has the α(0,1) term that induces different penalties (Berk 2011) and is the loss of the quantile regression. The LinLin LF is defined asL(FYo,α)=(α1(e<0))ewhere e=μsμ2=SR=σi(1h2); then this LF is also a decreasing function of h2.…”
Section: Methodsmentioning
confidence: 99%
“…Here is where an asymmetric LF plays a key role because it assigns very small penalties to those individuals whose BV distributions are to the right of the hypothetical parental distribution. One simple asymmetric LF is the linear-linear loss (LinLin), whose behavior is linear on both sides of the target; it has the α(0,1) term that induces different penalties (Berk 2011) and is the loss of the quantile regression. The LinLin LF is defined asL(FYo,α)=(α1(e<0))ewhere e=μsμ2=SR=σi(1h2); then this LF is also a decreasing function of h2.…”
Section: Methodsmentioning
confidence: 99%
“…The kind of arrest really matters. In particular, arrests for crimes of violence are distinguished from other kinds of arrests. Forecasting errors that do not have equal costs can be introduced into the procedure at the beginning so that all of the results properly represent the preferences of stakeholders (Berk, ). Regularization is often built directly into the procedure to increase forecasting accuracy (Hastie et al., : Ch. 5, section 8.7). Highly unbalanced distributions for the classes to be forecasted create no special problems as long as the rare outcomes are important enough to be given extra weight in the analysis.…”
Section: Some Conceptual Fundamentalsmentioning
confidence: 99%
“… The relative costs of type I and type II errors, which are context specific, drive whether a prediction exercise is justifiable from a policy perspective (Berk, 2011; Bushway, 2011). …”
mentioning
confidence: 99%