Statistical treatment choice based on asymmetric minimax regret criteria
نویسندگان
چکیده
منابع مشابه
Statistical Treatment Choice Based on Asymmetric Minimax Regret Criteria
This paper studies the problem of treatment choice between a status quo treatment with a known outcome distribution and an innovation whose outcomes are observed only in a representative finite sample. I evaluate statistical decision rules, which are functions that map sample outcomes into the planner’s treatment choice for the population, based on regret, which is the expected welfare loss due...
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ژورنال
عنوان ژورنال: Journal of Econometrics
سال: 2012
ISSN: 0304-4076
DOI: 10.1016/j.jeconom.2011.06.013