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This function is largely redundant as it averages over the 99 percentiles, so it gives a value that is half of CRPS. It would be more useful to have percentile scores for a user-defined list of percentiles, and the function return a vector corresponding to those percentiles.
I think the pinball loss should be defined as exactly twice what is currently coded. That way, the loss at 50% equals absolute error and the average loss equals CRPS.