Details

Autor(en) / Beteiligte

• Farrow, Malcolm
• Goldstein, Michael

Titel

Trade-off sensitive experimental design: a multicriterion, decision theoretic, Bayes linear approach

Ist Teil von

• Journal of statistical planning and inference, 2006-02, Vol.136 (2), p.498-526

Ort / Verlag

Elsevier B.V

Erscheinungsjahr

2006

Link zum Volltext

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• We show how mutually utility independent hierarchies, which weigh the various costs of an experiment against benefits expressed through a mixed Bayes linear utility representing the potential gains in knowledge from the experiment, provide a flexible and intuitive methodology for experimental design which remains tractable even for complex multivariate problems. A key feature of the approach is that we allow imprecision in the trade-offs between the various costs and benefits. We identify the Pareto optimal designs under the imprecise specification and suggest a criterion for selecting between such designs. The approach is illustrated with respect to an experiment related to the oral glucose tolerance test.