Asymptotic Efficiency
For some estimators, they can attain efficiency asymptotically and are thus called asymptotically efficient estimators. This can be the case for some maximum likelihood estimators or for any estimators that attain equality of the Cramér-Rao bound asymptotically.
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Famous quotes containing the word efficiency:
“Nothing comes to pass in nature, which can be set down to a flaw therein; for nature is always the same and everywhere one and the same in her efficiency and power of action; that is, nature’s laws and ordinances whereby all things come to pass and change from one form to another, are everywhere and always; so that there should be one and the same method of understanding the nature of all things whatsoever, namely, through nature’s universal laws and rules.”
—Baruch (Benedict)