2022/09/19 by Seungjin Han, Han, Seungjin, Julius Owusu +3
Economics, Econometrics and Finance · #Econometrics (econ.EM) #FOS: Economics and business #econ.EM
paper · pdf · doi:10.48550/arxiv.2209.09077
37 pages, 4 tables
arxiv created 2022/11/09 · arxiv updated 2022/11/11
In this paper we study treatment assignment rules in the presence of social interaction. We construct an analytical framework under the anonymous interaction assumption, where the decision problem becomes choosing a treatment fraction. We propose a multinomial empirical success (MES) rule that includes the empirical success rule of Manski (2004) as a special case. We investigate the non-asymptotic bounds of the expected utility based on the MES rule. Finally, we prove that the MES rule achieves the asymptotic optimality with the minimax regret criterion.