centre for microdata methods and practice

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Cemmap provides a focus for development, understanding and application of methods for modelling individual behaviour, the influences on it and the impact of policy interventions. Read more

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Charles F. Manski and Aleksey Tetenov Masterclass


Statistical decision theory, developed by Wald (1950), provides a coherent frequentist framework for the use of finite-sample data to make decisions. Wald posed the task as choice of a statistical decision function, which maps potentially available data into a choice among the feasible actions. Statistical decision theory has great generality in principle and considerable potential usefulness in practice. This masterclass discusses recent applications to treatment choice and point prediction with sample data. The lectures cover both procedures for use of existing sample data and approaches to choosing sample designs.

Statistical decision theory for treatment choice and prediction

Recent publications

Estimation of random coefficients logit demand models with interactive fixed effects

22 February 2017
Hyungsik Roger Moon , Matthew Shum and Martin Weidner

Equality-minded treatment choice

22 February 2017
Toru Kitagawa and Aleksey Tetenov

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Centre for Microdata Methods and Practice

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