Information and economics in Fisher's design of experiments
Information and economics in Fisher's design of experiments
In 1951 R. A. Fisher described what had been achieved in the 20th century so far: “we have learnt (i) To conserve in its statistical reduction the scientific information latent in any body of observations. (ii) To conduct experimental and observational inquiries so as to maximise the information obtained for a given expenditure.” This paper asks what Fisher meant and, in particular, how he saw his work on experimental design as contributing to the objective of maximising information for a given expenditure. The material examined ranges from detailed work on issues like “the information lost in measurement of error” to polemics against decision theory.
University of Southampton
Aldrich, J.
206ecaac-00de-46ff-98d7-0b87668859de
2005
Aldrich, J.
206ecaac-00de-46ff-98d7-0b87668859de
Aldrich, J.
(2005)
Information and economics in Fisher's design of experiments
(Discussion Papers in Economics and Econometrics, 502)
Southampton.
University of Southampton
Record type:
Monograph
(Discussion Paper)
Abstract
In 1951 R. A. Fisher described what had been achieved in the 20th century so far: “we have learnt (i) To conserve in its statistical reduction the scientific information latent in any body of observations. (ii) To conduct experimental and observational inquiries so as to maximise the information obtained for a given expenditure.” This paper asks what Fisher meant and, in particular, how he saw his work on experimental design as contributing to the objective of maximising information for a given expenditure. The material examined ranges from detailed work on issues like “the information lost in measurement of error” to polemics against decision theory.
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Published date: 2005
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Local EPrints ID: 34619
URI: http://eprints.soton.ac.uk/id/eprint/34619
PURE UUID: b1455c20-f2b5-4cc4-99f9-eecbdde83600
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Date deposited: 16 May 2006
Last modified: 11 Dec 2021 15:24
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Author:
J. Aldrich
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