Personalized Decision Making – A Conceptual Introduction

08/19/2022
by   Scott Mueller, et al.
32

Personalized decision making targets the behavior of a specific individual, while population-based decision making concerns a sub-population resembling that individual. This paper clarifies the distinction between the two and explains why the former leads to more informed decisions. We further show that by combining experimental and observational studies we can obtain valuable information about individual behavior and, consequently, improve decisions over those obtained from experimental studies alone.

READ FULL TEXT

Please sign up or login with your details

Forgot password? Click here to reset