2 papers
econ.TH2026
Pitfall of Precision in Noisy Signaling
Shuhua Si, Yangfan Zhou
A principal decides whether to approve an agent based on a noisy signal (e.g., test scores) generated by the agent. High-quality agents can produce high signals on average at lower…
econ.TH2026
Is Complexity the Problem? Testing Random Choice with Heterogeneity
Shuhua Si
Economic choices are often stochastic: the same person may make a different choice when facing the same alternatives repeatedly. Standard models assume that the degree of randomnes…