Showing 1 - 10 of 2,287
Many committees--juries, political task forces, etc.--spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting rules...
Persistent link: https://www.econbiz.de/10012794585
In contrast to conventional measures, the Focused Information Criterion (FIC) allows the purpose-specific selection of models, thereby reflecting the idea that one kind of model might be appropriate for inferences on a parameter of interest, but not for another. Ever since its invention, the FIC...
Persistent link: https://www.econbiz.de/10008935218
Persistent link: https://www.econbiz.de/10003736920
Persistent link: https://www.econbiz.de/10011403118
Persistent link: https://www.econbiz.de/10002998130
Persistent link: https://www.econbiz.de/10002247943
principal to subject herself to a test designed to provide public information about her type. She must decide how tough a test … to attempt from a continuum of test types, which involves trading off the higher probability of passing an easier test … against the greater impact from passing a tougher test. We find that the principal will always choose to be tested, and will …
Persistent link: https://www.econbiz.de/10013158730
Persistent link: https://www.econbiz.de/10012820653
carrying a pathogen. Because test supply is limited, the planner may choose to test a pooled sample, which contains the …
Persistent link: https://www.econbiz.de/10013223197
Persistent link: https://www.econbiz.de/10010206849