Browsing ECO Working Papers by Author "SCHLAG, Karl H."

Now showing items 1-7 of 7

Title:How to Attain Minimax Risk with Applications to Distribution-Free Nonparametric Estimation and Testing Author(s):SCHLAG, Karl H.Date:2007Type:Working PaperSeries/Number:EUI ECO; 2007/04Abstract:We show how to a derive exact distribution-free nonparametric results for minimax risk when underlying random variables have known finite bounds and means are the only parameters of interest. Transform the data with a ...
Title:Distribution-Free Learning Author(s):SCHLAG, Karl H.Date:2007Type:Working PaperSeries/Number:EUI ECO; 2007/01Abstract:We select among rules for learning which of two actions in a stationary decision problem achieves a higher expected payoffs when payoffs realized by both actions are known in previous instances. Only a bounded set containing ...
Title:Decision Makers Facing Uncertainty: Theory versus Evidence Author(s):GIORDANI, Paolo; SCHLAG, Karl H.; ZWART, SanneDate:2007Type:Working PaperSeries/Number:EUI MWP; 2007/27Abstract:We consider three competing normative theories of how to make choices when facing uncertainty: subjective expected utility, maximin utility and minimax regret. In simple decision problems, we compare how decision makers ...
Title:Designing Non-Parametric Estimates and Tests for Means Author(s):SCHLAG, Karl H.Date:2006Type:Working PaperSeries/Number:EUI ECO; 2006/26Abstract:We show how to derive nonparametric estimates from results for Bernoulli distributions, provided the means are the only parameters of interest. The only information is that the support of each random variable is contained ...
Title:ELEVEN - Tests Needed for a Recommendation Author(s):SCHLAG, Karl H.Date:2006Type:Working PaperSeries/Number:EUI ECO; 2006/2
Title:Robust Monopoly Pricing: The Case of Regret Author(s):BERGEMANN, Dirk; SCHLAG, Karl H.Date:2005Type:Working PaperSeries/Number:EUI ECO 2005/10
Title:The Impact of Selling Information on Competition Author(s):SCHLAG, Karl H.Date:2000Type:Working PaperSeries/Number:EUI ECO; 2000/06