MINIMAX REGRET TREATMENT RULES WITH FINITE SAMPLES WHEN A QUANTILE IS THE OBJECT OF INTEREST
以分位数为目标的有限样本极小极大遗憾处理规则
Consider a setup in which a decision maker is informed about the population by a finite sample and, based on that sample, has to decide whether or not to apply a certain treatment. We work out finite sample minimax regret treatment rules under various sampling schemes when potential outcomes are restricted onto the unit interval. In contrast to Stoye (2009, Journal of Econometrics 151, 70–81), where the focus is on the maximization of expected utility, the focus here is…