Model Selection for Treatment Choice: Penalized Welfare Maximization.

This paper studies a penalized statistical decision rule for the treatment assignment problem. Consider the setting of a utilitarian policy maker who must use sample data to allocate a binary treatment to members of a population, based on their observable characteristics. We model this problem as a...

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Bibliographic Details

Published in:	Econometrica Vol. 89; no. 2; pp. 825 - 849
Main Authors:	Mbakop, Eric, Tabord‐Meehan, Max
Format:	Article
Published:	Wiley-Blackwell Mar2021
Subjects:	Patient selection Statistical decision making Statistical learning Assignment problems (Programming) Statistical models
Online Access:	View this record in EBSCOhost