Manski, Charles F. - In: Annual Review of Economics 3 (2011) 1, pp. 25-49
Economists studying choice with partial knowledge typically assume that the decision maker places a subjective … treatments for a population. Ambiguity arises when a planner has partial knowledge of treatment response and does not feel able … undominated policies. I then illustrate with the choice of a vaccination policy by a planner who has partial knowledge of the …