Set coverage and robust policy

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Tác giả: Marc Henry, Alexei Onatski

Ngôn ngữ: eng

Ký hiệu phân loại: 382.3 Commercial policy

Thông tin xuất bản: 2021

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 167212

When conducting inference on partially identified parameters, confidence regions may cover the whole identified set with a prescribed probability, to which we will refer as set coverage, or they may cover each of its point with a prescribed probability, to which we will refer as point coverage. Since set coverage implies point coverage, confidence regions satisfying point coverage are generally preferred on the grounds that they may be more informative. The object of this note is to describe a decision problem in which, contrary to received wisdom, point coverage is clearly undesirable.
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