Profiling Problems With Partially Identified Structure  

Oleh:

Brock, William A.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 116 no. 515 (2006), page F427-F440.
Topik: Structure; profiling problems; identified structure
Fulltext: F427.pdf (497.37KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.23 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This article studies two classes of profiling problems where the relevant structural inputs to the problems may be only partially identified : that where profilees are not 'strategic' in altering their characteristics and that where profilees strategically alter their characteristics at a cost. The analysis is unified by assuming there is a utilitarian planner that attempts to optimise the sum of welfare. We compare maximin solutions and minimax - regret solutions in two contexts. An unexpected feature of the minimax - regret solution is that a minimax - regret planner may end up learning unknown features of the population it faces rather quickly relative to a maximin planner.

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