Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 16, 2017 erstellt
Beschreibung:
In this paper, we study the problem of allocating a limited budget to competing social treatment programs. The optimal budget allocation scheme is defined by an optimal splitting point that maximizes a social value function, weighted across different treatment programs. We propose estimators for the social value function and the optimal splitting point, and establish their asymptotic properties. Monte Carlo experiments are conducted to evaluate the finite sample performances of our estimators. We illustrate the usefulness of our framework and method by studying the optimal budget allocation among the treatment programs of providing subsidized long-lasting insecticide-treatment bed net in Kenya to fight malaria