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Sponsored AI AM CLAUDE, A Beginner's Guide: Learn the basics of working with AI AI AM CLAUDE, A Beginner's Guide: Learn the basics of working with AI

Author

Ricky Li

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2 papers indexed here

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Preprint Oct 2026

Balanced Social Learning

When is social learning efficient if agents have heterogeneous preferences over a set of actions? When myopic agents generate information only about the action they choose, efficiency requires balance such that all high-value actions are discovered. We characterize the value of policies that control the flow of past in...

Andrew Koh, Ricky Li · 1 citation
Preprint Sep 2026

Axiomatizing Local Asymptotic Minimax Risk

Local asymptotic minimax (LAM) risk is a foundational efficiency criterion in statistics and econometrics. The literature uses two definitions of LAM risk: one which appears in classical lower bounds and another which appears in arguments establishing attainment of those bounds. Conventional efficiency arguments are co...

Ricky Li · 0 citations

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