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"You can work with that if it's an experimental budget.
The proposed methodology permits to establish the minimal experimental budget required to achieve a satisfactory parameter estimation from the planned test without upsetting the subject excessively.
This measure gives the user a handle on the tradeoffs that must be considered when performing identification with a fixed experimental "budget".
Under the constraint of the total experimental budget, some design variables are optimized by minimizing the asymptotic variance of the estimated p-quantile of the lifetime distribution of the product.
Finally, we illustrate the developed methodology on various examples and show that, given the same experimental budget, it outperforms other approaches in estimating the prespecified target region of computer experiments.
In our homegrown valuation treatments eliciting preferences for dolphin protection, the oath-only design induced people to treat as binding both their experimental budget constraint (i.e., lower values on the high end of the value distribution) and participation constraint (i.e., positive values in place of the zero bids used to opt-out of auction).
Similar(52)
"If they'd gone out and said this is going to be cheap, advertisers would have carried on with their small experimental budgets.
Our experimental budget-selection criteria until now is that (b) should allow the planner to achieve a full cascade in (G') for (98%+) of samples for (G').
On the buy side, the companies might have secured experimental budgets from partners.
Q: There is experimental budgets now, but that might not always be the case.
For the most part, he observes, Snap's ad dollars are coming primarily through advertisers' experimental budgets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com