Search Results - subject:"statistical decision"

Robust Bayesian analysis for econometrics

Giacomini, Raffaella; Kitagawa, Toru; Read, Matthew - 2021

statistical decision under multiple priors. The paper ends with a self-contained discussion of three different approaches to …We review the literature on robust Bayesian analysis as a tool for global sensitivity analysis and for statistical … decision-making under ambiguity. We discuss the methods proposed in the literature, including the different ways of …

Persistent link: https://www.econbiz.de/10012888645

Structural Models for Policy-Making: Coping with Parametric Uncertainty

Eisenhauer, Philipp; Gabler, Janos; Janys, Lena - 2021

The ex-ante evaluation of policies using structural econometric models is based on estimated parameters as a stand-in for the truth. This practice ignores uncertainty in the counterfactual policy predictions of the model. We develop a generic approach that deals with parametric uncertainty using...

Persistent link: https://www.econbiz.de/10012597463

A Primer on p-Value Thresholds and α-Levels - Two Different Kettles of Fish

Hirschauer, Norbert; Grüner, Sven; Mußhoff, Oliver; … - In: German Journal of Agricultural Economics (GJAE) 70 (2021) 2, pp. 123-133

It has often been noted that the "null-hypothesis-significance-testing" (NHST) framework is an inconsistent hybrid of Neyman-Pearson's "hypothesis testing" and Fisher's "significance testing" that almost inevitably causes misinterpretations. To facilitate a realistic assessment of the potential...

Persistent link: https://www.econbiz.de/10015079008

Statistical decision functions with judgment

Manganelli, Simone - 2021

boundary of the rejection region. This statistical decision rule is admissible and conditions on the sample realization. The …

Persistent link: https://www.econbiz.de/10012418852

Measure transportation and statistical decision theory

Hallin, Marc - 2021

Persistent link: https://www.econbiz.de/10012437077

Robust Bayesian analysis for econometrics

Giacomini, Raffaella; Kitagawa, Toru; Read, Matthew - 2021 - This draft: 23 Aug 2021

Persistent link: https://www.econbiz.de/10012607980

Structural models for policy-making: coping with parametric uncertainty

Eisenhauer, Philipp; Gabler, Janos; Janys, Lena - 2021

Persistent link: https://www.econbiz.de/10012517558

Visual inference and graphical representation in regression discontinuity designs

Korting, Christina; Lieberman, Carl; Matsudaira, Jordan D. - 2021

Despite the widespread use of graphs in empirical research, little is known about readers' ability to process the statistical information they are meant to convey ("visual inference"). We study visual inference within the context of regression discontinuity (RD) designs by measuring how...

Persistent link: https://www.econbiz.de/10012792608

Treatment recommendation with distributional targets

Kock, Anders Bredahl; Preinerstorfer, David; Veliyev, … - In: Journal of econometrics 234 (2023) 2, pp. 624-646

Persistent link: https://www.econbiz.de/10014434355

Probabilistic prediction for binary treatment choice : with focus on personalized medicine

Manski, Charles F. - In: Journal of econometrics 234 (2023) 2, pp. 647-663

Persistent link: https://www.econbiz.de/10014434356