The logic of adaptive sequential experimentation in policy design
2013
Xing, Haipeng | Zhang, Xiaobo
In this paper, we argue that economists can learn a great deal from the design principles implemented in medical research. We develop a theoretical model to show the logic of adaptive sequential experiment design in the presence of uncertainty over negative effects and discuss how to choose samples in a population to minimize the experiment cost. We also point out the applications of our proposed framework in the economic domain, such as economic reforms and new product design.
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书目信息
出版者
International Food Policy Research Institute
语言
英语
许可
Open Access
类型
Working Paper
来源
Xing, Haipeng and Zhang, Xiaobo. 2013. The logic of adaptive sequential experimentation in policy design. IFPRI Discussion Paper 1273 Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/153542
2024-11-28
2026-02-03
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