Optimal Discovery and Influence Through Selective Sampling ∗

@inproceedings{Bardhi2017OptimalDA,
  title={Optimal Discovery and Influence Through Selective Sampling ∗},
  author={Arjada Bardhi},
  year={2017}
}
  • Arjada Bardhi
  • Published 2017
Most decisions– from a job seeker appraising a job offer to a policymaker assessing a novel social program– involve the consideration of numerous attributes of an object of interest. This paper studies the optimal evaluation of a complex project of uncertain quality by sampling a limited number of its attributes. The project is described by a unit mass of correlated attributes, of which only one is observed initially. Optimal sampling and adoption is characterized for both single-agent and… CONTINUE READING
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