"How to make decisions that are robust to sampling noise but also to misspecification and related concerns? We analyze this problem as one of minimax regret decision making under partial identification."
New paper by Montiel Olea, Qiu & @JoergStoye:
https://www.restud.com/decision-theory-for-treatment-choice-problems-with-partial-identification/
How should regulators target their limit enforcement budgets? We quantify the benefits of linked regulation, where regulators dynamically target plants co-owned with other plants with poor compliance records.
New paper by @leistenecon & Vreugdenhil
https://www.restud.com/dynamic-regulation-with-firm-linkages-evidence-from-texas/