The logic of adaptive sequential experimentation in policy design
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...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2013
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/153542 |
| _version_ | 1855531367187611648 |
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| author | Xing, Haipeng Zhang, Xiaobo |
| author_browse | Xing, Haipeng Zhang, Xiaobo |
| author_facet | Xing, Haipeng Zhang, Xiaobo |
| author_sort | Xing, Haipeng |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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. |
| format | Artículo preliminar |
| id | CGSpace153542 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1535422025-11-06T06:50:44Z The logic of adaptive sequential experimentation in policy design Xing, Haipeng Zhang, Xiaobo economic development economic systems experimentation experimental design social sciences methodology 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. 2013 2024-10-01T13:56:35Z 2024-10-01T13:56:35Z Working Paper https://hdl.handle.net/10568/153542 en Open Access application/pdf International Food Policy Research Institute 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 |
| spellingShingle | economic development economic systems experimentation experimental design social sciences methodology Xing, Haipeng Zhang, Xiaobo The logic of adaptive sequential experimentation in policy design |
| title | The logic of adaptive sequential experimentation in policy design |
| title_full | The logic of adaptive sequential experimentation in policy design |
| title_fullStr | The logic of adaptive sequential experimentation in policy design |
| title_full_unstemmed | The logic of adaptive sequential experimentation in policy design |
| title_short | The logic of adaptive sequential experimentation in policy design |
| title_sort | logic of adaptive sequential experimentation in policy design |
| topic | economic development economic systems experimentation experimental design social sciences methodology |
| url | https://hdl.handle.net/10568/153542 |
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