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This paper discusses experimental design from an efficiency viewpoint. We interpret the design of social experiments as an economic intertemporal consumpion problem, as opposed to a statistical variance minimization problem, and contrast the difference between Pareto optimal sample size and...
Persistent link: https://www.econbiz.de/10005256765
This paper discusses goods for which the amount of consumption determines its duration, with our primary concentration on health-related consumption. We argue that the features of such goods result in unique implications for private pricing and R&D, as well as impact important components of...
Persistent link: https://www.econbiz.de/10005256805