Optimal test allocation
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F21%3A00553110" target="_blank" >RIV/00216208:11640/21:00553110 - isvavai.cz</a>
Alternative codes found
RIV/67985998:_____/21:00542215
Result on the web
<a href="https://doi.org/10.1016/j.jet.2021.105236" target="_blank" >https://doi.org/10.1016/j.jet.2021.105236</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.jet.2021.105236" target="_blank" >10.1016/j.jet.2021.105236</a>
Alternative languages
Result language
angličtina
Original language name
Optimal test allocation
Original language description
A health authority chooses a binary action for each of several individuals that differ in their pretest probabilities of being infectious and in the additive losses associated with two types of decision errors. The authority is endowed with a portfolio of tests that differ in their sensitivities and specificities. We derive a simple necessary condition for optimality of test allocation. In special cases, precision parameters of the allocated test are monotone in the individuals’ types. We characterize the marginal benefit of a test, provide an algorithmic solution for the test-allocation problem and consider the benefits of confirmatory testing.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50201 - Economic Theory
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Economic Theory
ISSN
0022-0531
e-ISSN
1095-7235
Volume of the periodical
193
Issue of the periodical within the volume
April
Country of publishing house
US - UNITED STATES
Number of pages
17
Pages from-to
105236
UT code for WoS article
000636794100002
EID of the result in the Scopus database
2-s2.0-85102996047