Profiling Problems With Partially Identified Structure
AbstractThis article studies two classes of profiling problems where the relevant structural inputs to the problems may be only partially identified: that where profilees are not 'strategic' in altering their characteristics and that where profilees strategically alter their characteristics at a cost. The analysis is unified by assuming there is a utilitarian planner that attempts to optimise the sum of welfare. We compare maximin solutions and minimax-regret solutions in two contexts. An unexpected feature of the minimax-regret solution is that a minimax-regret planner may end up learning unknown features of the population it faces rather quickly relative to a maximin planner. Copyright 2006 The Author(s). Journal compilation Royal Economic Society 2006.
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Bibliographic InfoArticle provided by Royal Economic Society in its journal The Economic Journal.
Volume (Year): 116 (2006)
Issue (Month): 515 (November)
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Other versions of this item:
- Brock,W.A., 2004. "Profiling problems with partially identified structure," Working papers 21, Wisconsin Madison - Social Systems.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Brock, William A. & Cooley, Jane & Durlauf, Steven N. & Navarro, Salvador, 2012. "On the observational implications of taste-based discrimination in racial profiling," Journal of Econometrics, Elsevier, vol. 166(1), pages 66-78.
- Brock, William A. & Durlauf, Steven N. & Nason, James M. & Rondina, Giacomo, 2007.
"Simple versus optimal rules as guides to policy,"
Journal of Monetary Economics,
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- William A. Brock & Charles F. Manski, 2008. "Competitive Lending with Partial Knowledge of Loan Repayment," NBER Working Papers 14378, National Bureau of Economic Research, Inc.
- Charles F. Manski, 2006.
"Search Profiling With Partial Knowledge of Deterrence,"
Royal Economic Society, vol. 116(515), pages F385-F401, November.
- Charles F. Manski, 2005. "Search Profiling with Partial Knowledge of Deterrence," NBER Working Papers 11848, National Bureau of Economic Research, Inc.
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