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A modern, decision-theoretic framework can help clarify important practical questions of experimental design. Building on our recent work, this chapter begins by summarizing our framework for understanding the goals of experimenters, and applying this to re-randomization.We then use this...
Persistent link: https://www.econbiz.de/10012936221
Motivated by practical applications, chiefly clinical trials, we study the regret achievable for stochastic bandits under the constraint that the employed policy must split trials into a small number of batches. Our results show that a very small number of batches gives close to minimax optimal...
Persistent link: https://www.econbiz.de/10013012898
We consider a game between a principal, an agent, and a monitor in which the principal would like to rely on messages by the monitor to target intervention against a misbehaving agent. The difficulty is that the agent can credibly threaten to retaliate against likely whistleblowers in the event...
Persistent link: https://www.econbiz.de/10013033647