Optimal Design of an Experiment in Economics

Müller, Werner and Ponce de Leon, Antonio C. (1993) Optimal Design of an Experiment in Economics. Forschungsberichte / Institut für Statistik, 31. Department of Statistics and Mathematics, WU Vienna University of Economics and Business, Vienna.


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This paper deals with the application of optimal design principles in an experiment examining individual decision making under risk. It provides general principles on how to conduct experiments in a probit model estimation situation and illust rates the benefit of those techniques through equivalent number of observations. (author's abstract)

Item Type: Paper
Divisions: Departments > Finance, Accounting and Statistics > Statistics and Mathematics
Depositing User: Repository Administrator
Date Deposited: 11 Jul 2006 09:20
Last Modified: 22 Oct 2019 00:41
URI: https://epub.wu.ac.at/id/eprint/134


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