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Selecting Experimental Sites for External Validity
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Policy decisions often depend on evidence generated elsewhere. We take a Bayesian decision-theoretic approach to choosing where to experiment to optimize external validity. We frame external validity through a policy lens, developing a prior specification for the joint distribution of site-level treatment effects using a microeconometric structural model and allowing for other sources of heterogeneity. With data from South Asia, we show that, relative to basing policies on experiments in optimal sites, large efficiency losses result from instead using evidence from randomly-selected sites or, conversely, from sites with the largest expected treatment effects.
Forward citations
Cited by 2 Pith papers
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Dynamically Consistent Statistical Decisions
Frequentist minimax rules often lack interim credibility; two axiomatized dynamically consistent criteria restore it while nesting Manski as-if and Gamma*-minimax.
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Designing experiments that will be combined with observational evidence reduces to balancing a normalized variance regret against a normalized bias regret.
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