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Are Two Cheap, Noisy Measures Better Than One Expensive, Accurate Onе?

Abstract:
In this paper we examine when it may be better to consider multiple noisy measures of the target measure rather than improving the reliability of a single measure.

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Publisher copy:
10.1257/aer.99.2.99

Authors


Journal:
American Economic Review
Volume:
99
Issue:
2
Publication date:
2009-01-01
DOI:
URN:
uuid:62f6e290-1345-4bc9-8d5a-2bdf3ade7e78
Local pid:
oai:economics.ouls.ox.ac.uk:14605
Language:
English

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