Ideal Bootstrapping and Exact Recombination: Applications to Auction Experiments
نویسندگان
چکیده
We provide simple formulas that can be used to calculate ideal bootstrap or exact recombination estimates of group statistics from experimental data. When resampling is done over small numbers of groups, the ideal bootstrap is more accurate than the exact recombinant estimate, however the former is biased. For large sample sizes there is no discernable difference between the two approaches and both produce estimates that are more accurate than those obtained from observed group outcomes.
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