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This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum … in indirect ways, the former applying classical statistical theory and the latter measuring prediction accuracy in test … samples. Neither approach is satisfactory. Statistical decision theory provides a coherent, generally applicable methodology …
Persistent link: https://www.econbiz.de/10012660036
There are many economic environments in which an object is offered sequentially to prospective buyers. It is often observed that once the object for sale is turned down by one or more agents, those that follow do the same. One explanation that has been proposed for this phenomenon is that agents...
Persistent link: https://www.econbiz.de/10012660090
We examine individuals' decisions to attend protests during the summer of 2020. Our analysis examines two simultaneous movements: Black Lives Matter along with protests calling for less stringent public health measures to combat the COVID-19 (e.g., for swifter reopening of businesses). Our...
Persistent link: https://www.econbiz.de/10013191081
We examine how disadvantaged students make postsecondary education decisions, focusing on why they often opt for short, flexible programs that tend to have low returns in the labor market. Prior literature emphasizes information deficits and financial constraints. We draw upon qualitative data...
Persistent link: https://www.econbiz.de/10012696381
We study newsworthiness in theory and practice. We focus on situations in which a news outlet observes the realization …
Persistent link: https://www.econbiz.de/10014544790
Many public programs let individuals choose between publicly provided benefits and a subsidized private alternative. We investigate the determinants of health insurance choice in Medicare--a setting with vast geographic variation in the share of individuals selecting the public option versus...
Persistent link: https://www.econbiz.de/10014250159
We study vote trading among U.S. Congress members. By tracking roll-call votes within bills across five legislatures and politicians' personal connections made during the school years, we document a propensity of connected legislators to vote together that depends on how salient the bill is to...
Persistent link: https://www.econbiz.de/10014250186
Despite the growing need for surrogate decision-making for older adults, little is known about how surrogates make decisions and whether advance directives would change decision-making. We conducted a nationally representative experimental survey that cross-randomized cognitive impairment,...
Persistent link: https://www.econbiz.de/10014486208
Persistent link: https://www.econbiz.de/10000782106
Persistent link: https://www.econbiz.de/10000134802