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

DSpace/Manakin Repository

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

Sort by: Order: Results:

  • Icon
    Title: Distribution-Free Learning  Author(s): SCHLAG, Karl H. Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 ...
  • Icon
    Title: How to Attain Minimax Risk with Applications to Distribution-Free Nonparametric Estimation and Testing  Author(s): SCHLAG, Karl H. Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 ...
  • Icon
    Title: Decision Makers Facing Uncertainty: Theory versus Evidence  Author(s): GIORDANI, Paolo; SCHLAG, Karl H.; ZWART, Sanne Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: 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 ...