Search Results - subject:"Statistical decision"

Ratio Bias Across Cultures and Disciplines: How Academic Background Shapes Statistical Decision‐Making

Baumeister, Jochen; Streicher, Bernhard; Lermer, Eva - In: Journal of Behavioral Decision Making 38 (2025) 1

of medical drugs, or political decision‐making; hence, they are a critical component of an individual's statistical … decision‐making. Research on the ratio bias has shown inconsistent results based on six major shortcomings which we surmount by …

Persistent link: https://www.econbiz.de/10015410517

Risk and optimal policies in bandit experiments

Adusumilli, Karun - In: Econometrica : journal of the Econometric Society, an … 93 (2025) 3, pp. 1003-1029

Persistent link: https://www.econbiz.de/10015475225

Policy learning with confidence

Chernozhukov, Victor; Lee, Sokbae; Rosen, Adam M.; Sun, … - 2025

This paper introduces a framework for selecting policies that maximize expected welfare under estimation uncertainty. The proposed method explicitly balances the size of the estimated welfare against the uncertainty inherent in its estimation, ensuring that chosen policies meet a reporting...

Persistent link: https://www.econbiz.de/10015444984

Ratio bias across cultures and disciplines : how academic background shapes statistical decision-making

Baumeister, Jochen; Streicher, Bernhard; Lermer, Eva - In: Journal of behavioral decision making 38 (2025) 1, pp. 1-19

Persistent link: https://www.econbiz.de/10015372165

Nonparametric uniform inference in binary classification and policy values

Liu, Nan; Liu, Yanbo; Sasaki, Yuya; Wan, Yuanyuan - 2025

Persistent link: https://www.econbiz.de/10015558455

Optimal sample sizes and statistical decision rules

Patil, Sanket; Salant, Yuval - In: Theoretical economics : TE ; an open access journal in … 19 (2024) 2, pp. 583-604

A statistical decision rule is a mapping from data to actions induced by statistical inference on the data. We … estimated value exceeds some threshold. We establish that as the threshold changes, the resulting statistical decision rules in …

Persistent link: https://www.econbiz.de/10014576685

Policy learning with confidence

Chernozhukov, Victor; Lee, Sokbae; Rosen, Adam M.; Sun, … - 2025 - Date: July 2025

Persistent link: https://www.econbiz.de/10015423854

Fair equality of chances for prediction-based decisions

Loi, Michele; Herlitz, Anders; Heidari, Hoda - In: Economics and philosophy 40 (2024) 3, pp. 557-580

Persistent link: https://www.econbiz.de/10015154695

Optimal sample sizes and statistical decision rules

Patil, Sanket; Salant, Yuval - In: Theoretical Economics 19 (2024) 2, pp. 583-604

Persistent link: https://www.econbiz.de/10015419686

Optimal multi-action treatment allocation : a two-phase field experiment to boost immigrant naturalization

Ahrens, Achim; Stampi-Bombelli, Alessandra; Kurer, Selina; … - In: Journal of applied econometrics 39 (2024) 7, pp. 1379-1395

Persistent link: https://www.econbiz.de/10015156864