Estimating the Value of Evidence-Based Decision Making

06/21/2023

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Business/policy decisions are often based on evidence from randomized experiments and observational studies. In this article we propose an empirical framework to estimate the value of evidence-based decision making (EBDM) and the return on the investment in statistical precision.

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Estimating the Value of Evidence-Based Decision Making

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Estimating the Value of Evidence-Based Decision Making

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