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来源类型Working Paper
规范类型报告
DOI10.3386/w23867
来源IDWorking Paper 23867
A Theory of Experimenters
Abhijit Banerjee; Sylvain Chassang; Sergio Montero; Erik Snowberg
发表日期2017-10-02
出版年2017
语种英语
摘要This paper proposes a decision-theoretic framework for experiment design. We model experimenters as ambiguity-averse decision-makers, who make trade-offs between subjective expected performance and robustness. This framework accounts for experimenters' preference for randomization, and clarifies the circumstances in which randomization is optimal: when the available sample size is large enough or robustness is an important concern. We illustrate the practical value of such a framework by studying the issue of rerandomization. Rerandomization creates a trade-off between subjective performance and robustness. However, robustness loss grows very slowly with the number of times one randomizes. This argues for rerandomizing in most environments.
主题Econometrics ; Experimental Design ; Microeconomics ; Economics of Information
URLhttps://www.nber.org/papers/w23867
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581540
推荐引用方式
GB/T 7714
Abhijit Banerjee,Sylvain Chassang,Sergio Montero,et al. A Theory of Experimenters. 2017.
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