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Frewer, Geoffrey James (1986) Information and public sector decisions. PhD thesis, University of Warwick.
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WRAP_THESIS_Frewer_1986.pdf - Submitted Version Download (9Mb) | Preview |
Official URL: http://webcat.warwick.ac.uk/record=b1453378~S1
Abstract
The theoretical models in this thesis address questions relating
to the interaction between information and decisions. The main
issues are as follows: i) decisions are based on uncertain
parameters, ii) parameter estimates are used for specific policy
decisions, iii) policy decisions take the form of sequential
reforms whose magnitude and frequency must be determined, iv) there
are dynamic interactions between the properties of estimators and
the performance of decision rules.
The method of investigation is by formulation of algebraic models
whose properties are examined by analytic and numerical techniques.
The contribution to the knowledge of the subject is as follows:
i) a well-known linear control model is extended to incorporate
sequential reforms, ii) the properties of a limited class of
optimal active learning strategies are described, iii) in Monte
Carlo simulations, least squares estimates are not found to have
desirable tatist al properties when used in conjunction with
active earning decision rules, iv) a number of well-known optimal
tax models are extended to incorporate parameter uncertainty.
Item Type: | Thesis (PhD) | ||||
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Subjects: | H Social Sciences > HB Economic Theory Q Science > QA Mathematics |
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Library of Congress Subject Headings (LCSH): | Decision making -- Mathematical models, Public administration -- Econometric models | ||||
Official Date: | September 1986 | ||||
Dates: |
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Institution: | University of Warwick | ||||
Theses Department: | Department of Economics | ||||
Thesis Type: | PhD | ||||
Publication Status: | Unpublished | ||||
Supervisor(s)/Advisor: | Roberts, Kevin ; Seade, Jesús | ||||
Sponsors: | Economic and Social Research Council (Great Britain) (ESRC) (B00428325056) | ||||
Extent: | xvi, 229 p. | ||||
Language: | eng |
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