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Statistical Decision Properties of Imprecise Trials Assessing COVID-19 Drugs
Manski, Charles F. - 2020
experimental drugs. Whatever decision criterion one uses, there is always some probability that random variation in trial outcomes … defers to standard care as the status quo. To evaluate decision criteria, we use the concept of near optimality, which … jointly considers the probability and magnitude of decision errors. An appealing decision criterion from this perspective is …
Persistent link: https://www.econbiz.de/10012481487
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On the Generalizability of Experimental Results in Economics : With A Response To Camerer
Al-Ubaydli, Omar - 2013
policies are now more easily verified, and stakeholders can swiftly add empirical evidence to aid their decision-making. This …
Persistent link: https://www.econbiz.de/10012458996
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On the Generalizability of Experimental Results in Economics
Al-Ubaydli, Omar - 2012
policies are now more easily verified, and stakeholders can swiftly add empirical evidence to aid their decision-making. This …
Persistent link: https://www.econbiz.de/10012460702
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Identification of Marginal Treatment Effects using Subjective Expectations
Briggs, Joseph; Caplin, Andrew; Leth-Petersen, Søren; … - National Bureau of Economic Research - 2024
We develop a method to identify the individual latent propensity to select into treatment and marginal treatment effects. Identification is achieved with survey data on individuals' subjective expectations of their treatment propensity and of their treatment-contingent outcomes. We use the...
Persistent link: https://www.econbiz.de/10014528349
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Examiner and Judge Designs in Economics : A Practitioner's Guide
Chyn, Eric; Frandsen, Brigham; Leslie, Emily C. - National Bureau of Economic Research - 2024
This article provides empirical researchers with an introduction and guide to research designs based on variation in judge and examiner tendencies to administer treatments or other interventions. We review the basic theory behind the research design, outline the assumptions under which the...
Persistent link: https://www.econbiz.de/10014528388
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Cognitive Economics
Kimball, Miles S. - 2015
Cognitive Economics is the economics of what is in people's minds. It is a vibrant area of research (much of it within Behavioral Economics, Labor Economics and the Economics of Education) that brings into play novel types of data--especially novel types of survey data. Such data highlight the...
Persistent link: https://www.econbiz.de/10012457832
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Viewpoint : The Human Capital Approach to Inference
MacLeod, W. Bentley - 2016
errors in decision making are inevitable. Moreover, under the appropriate conditions, these decisions are random conditional … situations than would be possible with randomized control trials. This point is illustrated with data from medical decision …
Persistent link: https://www.econbiz.de/10012456551
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How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data
Chetty, Raj - 2020
We build a publicly available platform that tracks economic activity at a granular level in real time using anonymized data from private companies. We report daily statistics on consumer spending, business revenues, employment rates, and other key indicators disaggregated by county, industry,...
Persistent link: https://www.econbiz.de/10012481626
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The Persuasive Effect of Fox News : Non-Compliance with Social Distancing During the Covid-19 Pandemic
Simonov, Andrey - 2020
We test for and measure the effects of cable news in the US on regional differences in compliance with recommendations by health experts to practice social distancing during the early stages of the COVID-19 pandemic. We use a quasi-experimental design to estimate the causal effect of Fox News...
Persistent link: https://www.econbiz.de/10012481820
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COVID-19 Doesn't Need Lockdowns to Destroy Jobs : The Effect of Local Outbreaks in Korea
Aum, Sangmin - 2020
Unlike most countries, Korea did not implement a lockdown in its battle against COVID-19, instead successfully relying on testing and contact tracing. Only one region, Daegu-Gyeongbuk (DG), had a significant number of infections, traced to a religious sect. This allows us to estimate the causal...
Persistent link: https://www.econbiz.de/10012481846