More data or better data? A statistical decision problem

DOI10.1093/RESTUD/RDX005MaRDI QIDQ4610860zbMATH OpenOpenAlexFDO

Authors Jeff Dominitz, Charles F. Manski

Publication date 23 January 2019

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/24f72130ef38f459da278703ff8fb7f6b04df190

zbMATH Keywords

minimax regretmissing datapoint predictionsample designstatistical decision theory

Mathematics Subject Classification ID

General considerations in statistical decision theory (62C05) Statistical block designs (62K10) Applications of statistics to economics (62P20)

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Cited in

(7)

• Statistical paradises and paradoxes in big data. I: Law of large populations, big data paradox, and the 2016 US presidential election
• When small data beats big data
• Minimax-regret sample design in anticipation of missing data, with application to panel data
• Optimal Data Quality
• Needed Data Expenditure for an Ambiguous Decision Problem
• Treatment Choice With Trial Data: Statistical Decision Theory Should Supplant Hypothesis Testing
• Using Total Margin of Error to Account for Non-Sampling Error in Election Polls

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